BKR Baker Hughes Co
Price Chart
Executive Summary
Baker Hughes CEO Lorenzo Simonelli sold $16.0M in open-market shares, coinciding with a routine grant and tax-related share withholding. Other C-suite executives also had non-cash transactions. The core open-market sale by the CEO is material in dollar value but aligns with common post-vesting exercise behavior.
Key Financial Metrics
Actionable Insight
Monitor for follow-up trades or commentary around earnings. While the sale is large, it appears linked to option exercise and tax events, not necessarily negative sentiment. Absent additional selling or weak fundamentals, this is likely routine.
Key Facts
- CEO Lorenzo Simonelli sold 272,594 shares in the open market for $16.03M at $58.79 per share.
- Simonelli also exercised options for 374,688 shares (partially at $35.70, partially at $0), a non-cash event.
- Tax withholding transactions totaling $13.9M occurred across CEO, CFO, and other C-suite executives, resulting in share surrender but no economic outflow.
- Other grants (570,453 shares total) were non-cash awards at $0 value.
- Total open-market selling in cluster: $16.3M, representing 0.03% of $55.2B market cap — modest in scale.
- No open-market buying occurred; all other transactions were non-cash (A, F, M).
Financial Impact
$16.3M in open-market sales by insiders, primarily the CEO; no dilution or direct financial impact to company.
Risk Factors
- Perception risk: Large CEO sale may be interpreted negatively by market despite likely administrative context.
- Timing risk: If near earnings or strategic inflection point, could signal reduced confidence.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (12 trades, 7d window) | cluster-BKR-1773443772215 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 26, 2026
19d ago
|
Press Release
| $66.74 $64.54 | ▼ −3.29% | ▼ −4.51% | $63.14 (−5.39%) |
|
May 21, 2026
24d ago
|
3
| $66.02 $62.93 | ▼ −4.68% | ▼ −6.34% | $63.14 (−4.36%) |
|
May 19, 2026
26d ago
|
8-K
| $66.77 $64.71 | ▼ −3.09% | ▼ −4.89% | $63.14 (−5.44%) |
|
Apr 23, 2026
7w ago
|
Press Release
| $68.94 $69.67 | ▲ +1.06% | ▲ +0.15% | $63.14 (−8.41%) |
|
Apr 13, 2026
9w ago
|
Press Release
| $62.53 $59.17 | ▼ −5.37% | ▼ −8.67% | $63.14 (+0.98%) |
|
Apr 7, 2026
9w ago
|
Press Release
| $61.26 $61.44 | ▲ +0.29% | ▼ −5.03% | $63.14 (+3.07%) |
|
Apr 6, 2026
9w ago
|
DEFA14A
| $60.70 $62.53 | ▲ +3.01% | ▼ −1.12% | $63.14 (+4.02%) |
|
Mar 30, 2026
10w ago
|
DEFA14A
| $60.65 $61.26 | ▲ +1.00% | ▼ −3.30% | $63.14 (+4.11%) |
|
Mar 24, 2026
11w ago
|
Press Release
| $63.45 $61.03 | ▼ −3.82% | ▼ −3.39% | $63.14 (−0.49%) |
|
Mar 20, 2026
12w ago
|
Press Release
| $60.34 $63.21 | ▲ +4.76% | ▲ +6.91% | $63.14 (+4.64%) |
US Market Status
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