HEICO CFO Carlos L. Macau exercises 30,000 options

Q: How many HEI shares did CFO Carlos L. Macau acquire through option exercise?

On October 26, 2026, Carlos L. Macau exercised options for 30,000 HEICO Class A common shares at $38.3744 per share and acquired 30,000 shares. On the same date, 14,402 Class A shares were delivered or withheld for payment of exercise price or tax liability. No Rule 10b5-1 plan is reported.

Five additional direct option positions are listed, including 62,500 Class A options at a $56.2400 exercise price expiring March 16, 2028.

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Form Type

Rhea-AI Filing Summary

HEICO Corp. EVP-CFO & Treasurer Carlos L. Macau exercised options for 30,000 Class A common shares on October 26, 2026, at $38.3744 per share, acquiring 30,000 shares. On the same date, 14,402 Class A shares were delivered or withheld for payment of exercise price or tax liability. No Rule 10b5-1 plan is reported. Listed indirect holdings include 2,000 Class A shares held by his sons, plus 2,050 common and 2,074 Class A shares held for his benefit in HEICO’s 401(k) plan.

Insider Trade Summary

30,000 shares exercised/converted

Exercise 11 txns

Insider Macau Carlos L

Role EVP-CFO & Treasurer

Type	Security	Shares	Price	Value
Exercise	Option (Right to purchase Class A Common Stock) ^F2	30,000	$0.00	$0.00
Exercise	Class A Common Stock	30,000	$38.3744	$1.15M
Exercise Price or Tax Liability	Class A Common Stock	14,402	$234.12	$3.37M
holding	Option (Right to purchase Class A Common Stock) ^F2	--	--	--
holding	Option (Right to purchase Class A Common Stock) ^F2	--	--	--
holding	Option (Right to purchase Class A Common Stock) ^F2	--	--	--
holding	Option (Right to purchase Common Stock) ^F2	--	--	--
holding	Option (Right to purchase Common Stock) ^F3	--	--	--
holding	Class A Common Stock	--	--	--
holding	Common Stock ^F1	--	--	--
holding	Class A Common Stock ^F1	--	--	--

Holdings After Transaction: Option (Right to purchase Class A Common Stock) — 165,156 contracts for 137,500 underlying shares (Direct); Class A Common Stock — 171,914 shares (Direct); Option (Right to purchase Common Stock) — 30,000 contracts (Direct); Class A Common Stock — 2,000 shares (Indirect, By Sons); Common Stock — 2,050 shares (Indirect, 401k Plan); Class A Common Stock — 2,074 shares (Indirect, 401k Plan)

Footnotes (3)

F1. 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.
F2. These options are exercisable at 20% per year over five years from the date of grant.
F3. 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

Class A shares acquired on exercise: 30,000 shares Option exercise price: $38.3744 per share Shares delivered or withheld: 14,402 shares +5 more

8 metrics

Class A shares acquired on exercise 30,000 shares October 26, 2026

Option exercise price $38.3744 per share Options exercised October 26, 2026

Shares delivered or withheld 14,402 shares Payment of exercise price or tax liability on October 26, 2026

Listed direct Class A options 62,500 options; $56.2400 exercise price per share Expiration March 16, 2028

Listed direct Class A options 50,000 options; $120.3200 exercise price per share Expiration September 24, 2031

Listed direct Class A options 25,000 options; $129.7900 exercise price per share Expiration March 17, 2033

Listed direct common-stock options 25,000 options; $163.6100 exercise price per share Expiration June 9, 2033

Listed direct common-stock options 5,000 options; $256.0100 exercise price per share Expiration March 14, 2035

Key Terms

performance-based stock options, first measurement interval, tranche

3 terms

performance-based stock options financial

"performance-based stock options originally granted on March 14, 2025"

first measurement interval financial

"performance conditions for the first measurement interval were achieved"

tranche financial

"vesting of the first tranche (20%)"

A tranche is one slice of a larger financing or investment that is released, sold, or paid out in separate parts rather than all at once. Investors care because each slice can carry different risk, return and timing—like buying pieces of a cake where some slices are richer or come later—so the specific tranche you hold affects when you get paid and how much you might gain or lose.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HEI shares did CFO Carlos L. Macau acquire through option exercise?

On October 26, 2026, Carlos L. Macau exercised options for 30,000 HEICO Class A common shares at $38.3744 per share and acquired 30,000 shares. On the same date, 14,402 Class A shares were delivered or withheld for payment of exercise price or tax liability. No Rule 10b5-1 plan is reported.

What other HEI options are listed in Carlos L. Macau’s Form 4?

The listed direct positions include 62,500 Class A options at $56.2400 expiring March 16, 2028; 50,000 at $120.3200 expiring September 24, 2031; 25,000 at $129.7900 expiring March 17, 2033; 25,000 common-stock options at $163.6100 expiring June 9, 2033; and 5,000 common-stock options at $256.0100 expiring March 14, 2035.

What vesting terms were reported for HEI’s 5,000 performance-based options?

The 5,000-option position represents the first 20% tranche 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.

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Available on EDGAR 10/28/2026 - 05:06 PM EDT Accepted by SEC EDGAR 10/28/2026 - 05:05 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Macau Carlos L

(Last)

(First)

(Middle)

3000 TAFT STREET

(Street)

HOLLYWOOD

FLORIDA

33021

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HEICO CORP [ HEI, HEI.A ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP-CFO & Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/26/2026		M		30,000	A	$38.3744	186,316	D
Class A Common Stock	10/26/2026		F		14,402	D	$234.12	171,914	D
Class A Common Stock								2,000	I	By Sons
Common Stock								2,050	I	401k Plan⁽¹⁾
Class A Common Stock								2,074	I	401k Plan⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option (Right to purchase Class A Common Stock)	$38.3744	10/26/2026		M			30,000	⁽²⁾	03/17/2027	Class A Common Stock	30,000	$0	27,656	D
Option (Right to purchase Class A Common Stock)	$56.24							⁽²⁾	03/16/2028	Class A Common Stock	62,500		62,500	D
Option (Right to purchase Class A Common Stock)	$120.32							⁽²⁾	09/24/2031	Class A Common Stock	50,000		50,000	D
Option (Right to purchase Class A Common Stock)	$129.79							⁽²⁾	03/17/2033	Class A Common Stock	25,000		25,000	D
Option (Right to purchase Common Stock)	$163.61							⁽²⁾	06/09/2033	Common Stock	25,000		25,000	D
Option (Right to purchase Common Stock)	$256.01							05/27/2026⁽³⁾	03/14/2035	Common Stock	5,000		5,000	D

Explanation of Responses:

1. 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.

2. These options are exercisable at 20% per year over five years from the date of grant.

3. 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.

Remarks:

	/s/ Carlos L. Macau	10/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR