---
title: "Baker Hughes Chairman Sells Over $16 Million in Company Stock"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279099827.md"
description: "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."
datetime: "2026-03-13T23:20:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279099827.md)
  - [en](https://longbridge.com/en/news/279099827.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279099827.md)
---

# Baker Hughes Chairman Sells Over $16 Million in Company Stock

Lorenzo Simonelli, Chairman, President, and CEO of Baker Hughes, and also a director, sold 272,594 shares of Class A Common Stock on March 11, 2026, for a total of $16,025,801. The sale was executed at a weighted average price of $58.79 per share, with prices ranging from $57.95 to $59.40. Following the transaction, Simonelli directly owns 866,444 shares of Baker Hughes. The sale was conducted under a Rule 10b5-1 trading plan adopted on November 10, 2025.

Reporter Name

Simonelli Lorenzo

Relationship

Chairman, President and CEO

Type

Sell

Amount

$16,025,801

SEC Filing

Form 4

SEC Filing: Baker Hughes Co \[ BKR \] - Form 4 - Mar. 13, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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