HEICO (NYSE: HEI) CAO exercises 3,280 options, covers tax with shares
Rhea-AI Filing Summary
HEICO CORP Chief Accounting Officer Bradley K. Rowen reported a set of routine equity compensation transactions. He exercised derivative awards covering 3,280 shares of Class A Common Stock through multiple option exercises at strike prices of $97.00, $121.39, and $130.71 per share.
To cover related tax obligations, a total of 1,954 Class A shares were disposed of via tax-withholding transactions at $259.81 per share, rather than through open-market sales. Following these transactions, Rowen continues to hold equity exposure, including options over 3,000 Class A shares at an exercise price of $203.05 per share expiring in 2035, along with indirect holdings of Class A Common Stock and Common Stock through the HEICO Corporation 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,326 shares
Net Buy
12 txns
Insider
Rowen Bradley K
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (Right to purchase Class A Common Stock) | 600 | $0.00 | $0.00 |
| Exercise | Option (Right to purchase Class A Common Stock) | 1,280 | $0.00 | $0.00 |
| Exercise | Option (Right to purchase Class A Common Stock) | 1,400 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 600 | $97.00 | $58K |
| Exercise Price or Tax Liability | Class A Common Stock | 316 | $259.81 | $82K |
| Exercise | Class A Common Stock | 1,280 | $121.39 | $155K |
| Exercise Price or Tax Liability | Class A Common Stock | 764 | $259.81 | $198K |
| Exercise | Class A Common Stock | 1,400 | $130.71 | $183K |
| Exercise Price or Tax Liability | Class A Common Stock | 874 | $259.81 | $227K |
| holding | Option (Right to purchase Class A Common Stock) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Option (Right to purchase Class A Common Stock) — 5,740 shares (Direct);
Class A Common Stock — 1,326 shares (Direct);
Common Stock — 984 shares (Indirect, By 401(k));
Class A Common Stock — 1,056 shares (Indirect, By 401(k))
Footnotes (3)
- F1. Represents shares held for the benefit of the Reporting Person by the HEICO Corporation 401(k) based on a plan statement dated June 1, 2026.
- F2. These options are exercisable at 20% per year over five years from the date of grant.
- F3. Represents the first tranche (20%) of performance-based stock options originally granted on March 14, 2025, which became exercisable upon certification by the Compensation Committee on May 27, 2026 that the applicable performance conditions for the first measurement interval were achieved.
Key Figures
Options exercised: 3,280 shares
Tax-withholding shares: 1,954 shares
Tax-withholding price: $259.81/share
+5 more
8 metrics
Options exercised
3,280 shares
Total Class A shares from derivative exercises on May 29, 2026
Tax-withholding shares
1,954 shares
Shares delivered to cover tax liabilities at $259.81 per share
Tax-withholding price
$259.81/share
Price used for F-code Class A Common Stock dispositions
Option strike price 1
$97.00/share
Exercise price for one Class A option grant
Option strike price 2
$121.39/share
Exercise price for another Class A option grant
Option strike price 3
$130.71/share
Exercise price for a third Class A option grant
Remaining option position
3,000 shares at $203.05
Unexercised Class A options expiring in 2035
Indirect Class A holdings
1,056 shares
Class A Common Stock held via HEICO Corporation 401(k)
Key Terms
401(k), performance-based stock options, derivative security, tax-withholding disposition, +1 more
5 terms
401(k) financial
"Represents shares held for the benefit of the Reporting Person by the HEICO Corporation 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
performance-based stock options financial
"Represents the first tranche (20%) of performance-based stock options originally granted on March 14, 2025"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Compensation Committee financial
"became exercisable upon certification by the Compensation Committee on May 27, 2026"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HEICO (HEI) executive Bradley K. Rowen report in this Form 4?
Bradley K. Rowen reported option exercises and tax-withholding transactions. He exercised derivative awards for Class A Common Stock and had shares withheld to satisfy tax obligations, while maintaining both direct option positions and indirect stock holdings through HEICO’s 401(k) plan.
How many HEICO options did Bradley K. Rowen exercise in this filing?
Rowen exercised options covering 3,280 Class A shares. These derivative exercises occurred at strike prices of $97.00, $121.39, and $130.71 per share, converting previously granted options into actual Class A Common Stock as part of his compensation package.
What HEICO equity exposure does Bradley K. Rowen retain after these transactions?
Rowen retains both options and stock holdings in HEICO. He holds options over 3,000 Class A shares at a $203.05 exercise price expiring in 2035, plus indirect Class A and Common Stock positions in the HEICO Corporation 401(k) plan for his benefit.
How are Bradley K. Rowen’s performance-based HEICO options described?
A tranche of performance-based options became exercisable after targets were met. Footnotes explain that 20% of performance-based stock options granted March 14, 2025 became exercisable once the Compensation Committee certified achievement of the first measurement interval on May 27, 2026.