HEICO co-CEO Victor H. Mendelson exercises 58,000 options
The report also lists direct options to purchase common stock with expiration dates from 2028 through 2035.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
HEICO Corp. Co-COB and Co-CEO Victor H. Mendelson exercised options for 58,000 common shares on October 26, 2026, at an exercise price of $44.9638 per share. The same-day report records 58,000 common shares acquired and 27,559 shares delivered or withheld for payment of exercise price or tax liability; that entry lists a price of $309.71 per share.
Additional reported direct options include 125,000 underlying shares at $70.656, expiring March 16, 2028, and 10,000 at $256.01, expiring March 14, 2035. Mendelson’s reported direct holdings include 212,626 Class A shares. Reported indirect holdings include 189,030 Class A shares owned by Mendelson International Corporation and 172,515 common shares owned by VHM Management Limited Partners.
Insider Trade Summary
58,000 shares exercised/converted
Exercise
23 txns
Insider
MENDELSON VICTOR H
Role
Co-COB and Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (Right to purchase Common Stock) F7 | 58,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 58,000 | $44.9638 | $2.61M |
| Exercise Price or Tax Liability | Common Stock | 27,559 | $309.71 | $8.54M |
| holding | Option (Right to purchase Common Stock) F7 | -- | -- | -- |
| holding | Option (Right to purchase Common Stock) F7 | -- | -- | -- |
| holding | Option (Right to purchase Common Stock) F7 | -- | -- | -- |
| holding | Option (Right to purchase Common Stock) F7 | -- | -- | -- |
| holding | Option (Right to purchase Common Stock) F8 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Option (Right to purchase Common Stock) — 442,313 contracts for 385,000 underlying shares (Direct);
Common Stock — 1,304,749 shares (Direct);
Class A Common Stock — 212,626 shares (Direct);
Class A Common Stock — 189,030 shares (Indirect, Owned by Corporation);
Common Stock — 172,515 shares (Indirect, Owned by Partnership);
Common Stock — 4,762 shares (Indirect, As custodian for children);
Class A Common Stock — 19,136 shares (Indirect, As custodian for children);
Common Stock — 93,235 shares (Indirect, By 401(k));
Class A Common Stock — 88,487 shares (Indirect, By 401(k));
Common Stock — 921 shares (Indirect, By Keogh Account);
Class A Common Stock — 16,133 shares (Indirect, By Keogh Account);
Common Stock — 599,671 shares (Indirect, By Trusts);
Class A Common Stock — 145,664 shares (Indirect, By Trusts);
Common Stock — 4,072 shares (Indirect, By 409A Plan);
Class A Common Stock — 795 shares (Indirect, By 409A Plan)
Footnotes (8)
- F1. Represents shares owned by Mendelson International Corporation whose stock is owned solely by the Reporting Person and Eric Mendelson, the brother of the Reporting Person.
- F2. Represents shares owned by VHM Management Limited Partners, a partnership whose sole general partner is a corporation controlled by the Reporting Person.
- F3. Represents shares held for the benefit of the Reporting Person by the HEICO Corporation 401(k) plan, based on a plan statement dated October 27, 2026.
- F4. Represents shares gifted by the Reporting Person to trusts for the benefit of the Reporting Person's immediate family members and whose Trustee is the Reporting Person.
- F5. Represents shares owned by the Victor H. Mendelson Revocable Investment Trust which is owned solely by the Reporting Person.
- F6. Represents shares held for the reporting person by the HEICO Corporation Leadership Compensation Plan (409A Plan).
- F7. These options become exercisable 20% per year over five years from the date of grant.
- F8. Represents the vesting of the first tranche (20%) of performance-based stock options originally granted on March 14, 2025. Vesting occurred upon certification by the Compensation Committee on May 27, 2026 that the applicable performance conditions for the first measurement interval were achieved.
Key Figures
Common shares acquired through option exercise: 58,000 shares
Exercise price: $44.9638 per share
Shares delivered or withheld: 27,559 shares
+4 more
7 metrics
Common shares acquired through option exercise
58,000 shares
October 26, 2026
Exercise price
$44.9638 per share
Options exercised on October 26, 2026
Shares delivered or withheld
27,559 shares
For payment of exercise price or tax liability on October 26, 2026
Reported price per share
$309.71 per share
Entry for 27,559 shares delivered or withheld on October 26, 2026
Direct Class A holdings
212,626 shares
Reported October 26, 2026
Class A shares owned by Mendelson International Corporation
189,030 shares
Reported indirect holdings on October 26, 2026
Common shares owned by VHM Management Limited Partners
172,515 shares
Reported indirect holdings on October 26, 2026
Key Terms
performance-based stock options, 401(k) plan, 409A Plan
3 terms
performance-based stock options financial
"first tranche (20%) of performance-based stock options"
401(k) plan financial
"held for the benefit of the Reporting Person by the HEICO Corporation 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
409A Plan financial
"HEICO Corporation Leadership Compensation Plan (409A Plan)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What other HEI options are listed for Victor H. Mendelson?
The reported direct options include 125,000 underlying shares at $70.656, expiring March 16, 2028; 125,000 at $134.70, expiring September 24, 2031; 62,500 at $163.35, expiring March 17, 2033; 62,500 at $163.61, expiring June 9, 2033; and 10,000 at $256.01, expiring March 14, 2035.
What does HEI’s report say about the 10,000 options at a $256.01 exercise price?
The 10,000-share option position represents the first tranche, or 20%, of performance-based stock options granted March 14, 2025. It vested after the Compensation Committee certified on May 27, 2026, that the applicable performance conditions for the first measurement interval were achieved.
AI-generated analysis. How Rhea-AI works. Not financial advice.
