Baker Hughes Chairman Sells Over $16 Million in Company Stock

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2026.03.13 23:20
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Lorenzo Simonelli, Chairman, President, and CEO of Baker Hughes, sold 272,594 shares of Class A Common Stock on March 11, 2026, for $16,025,801 at an average price of $58.79 per share. Following the sale, he retains ownership of 866,444 shares. The transaction was executed under a Rule 10b5-1 trading plan established on November 10, 2025.