Trade Summary
4 days ago, Simonelli Lorenzo, serving as COB, Pres, CEO at Baker Hughes Co (BKR), sold 272,594 shares at $58.79 per share, for a total transaction value of $16,025,801.00. Following this transaction, Simonelli Lorenzo now holds 866,444 shares of BKR.
This sale represents a 24.00% decrease in Simonelli Lorenzo's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, March 11, 2026 and publicly disclosed via SEC Form 4 filing on Friday, March 13, 2026, 2 days after the trade was made.
Baker Hughes Co operates in the ENERGY sector, specifically within the OIL & GAS EQUIPMENT & SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.