Simonelli Lorenzo 4
4 · Baker Hughes Co · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Baker Hughes CEO Lorenzo Simonelli Receives 91,262 RSU Award
What Happened
Lorenzo Simonelli, Chairman, President and CEO of Baker Hughes (BKR), received a grant of 91,262 restricted stock units (RSUs) on February 4, 2026. The award is reported as a derivative acquisition at $0.00 (no cash paid). The filing does not state an immediate cash value—the eventual value depends on Baker Hughes stock price when shares are delivered upon vesting.
Key Details
- Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (filed timely).
- Instrument: 91,262 restricted stock units (RSUs) reported as Award/Grant (code A). Price reported: $0.00 (units, not purchased shares).
- Vesting: RSUs vest in three equal annual installments beginning one year from the grant date (Footnote F2). Each RSU converts to one share of Class A Common Stock when delivered (Footnote F1).
- Shares owned after transaction: not disclosed in the provided filing.
- Nature: Compensation award (long-term incentive), not an open-market purchase or sale.
Context
RSU grants are a form of compensation intended to align executive pay with shareholder value; they do not represent immediately tradable shares until they vest and are delivered. Such awards are common for executives and should be interpreted as company compensation decisions rather than direct market bets by the insider.
Insider Transaction Report
- Award
Restricted Stock Units 02_26
[F1][F2]2026-02-04+91,262→ 91,262 total→ Class A Common Stock (91,262 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
- [F2]The restricted stock unit vests in three equal annual installments beginning one year from the date of grant.