Insider Selling: Baker Hughes (NASDAQ:BKR) CEO Sells $10,599,844.73 in Stock

Insider Selling: Baker Hughes (NASDAQ:BKR) CEO Sells $10,599,844.73 in Stock

Baker Hughes Company (NASDAQ:BKR - Get Free Report) CEO Lorenzo Simonelli sold 181,411 shares of the company's stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $58.43, for a total value of $10,599,844.73. Following the transaction, the chief executive officer directly owned 703,444 shares in the company, valued at approximately $41,102,232.92. The trade was a 20.50% decrease in their ownership of the stock…