Helen of Troy (HELE) director gets 1,429-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meeker Timothy F reported acquisition or exercise transactions in this Form 4 filing.
HELEN OF TROY LTD director Timothy F. Meeker received a grant of 1,429 common shares on March 2, 2026. The award was structured as restricted stock that vested immediately. After this grant, his direct holdings increased to 13,440 common shares.
The grant includes a tax-offset right that provides a cash payment when the restricted stock vests. This cash amount is intended to cover certain tax liabilities triggered by the vesting event, so the director does not have to sell shares just to pay those taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meeker Timothy F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, Par value $0.10 per share | 1,429 | $0.00 | -- |
Holdings After Transaction:
Common Shares, Par value $0.10 per share — 13,440 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HELEN OF TROY LTD (HELE) report for Timothy F. Meeker?
HELEN OF TROY LTD reported that director Timothy F. Meeker received a grant of 1,429 common shares on March 2, 2026. The grant was structured as restricted stock that vested immediately, increasing his direct ownership to a total of 13,440 common shares after the transaction.
What type of equity award did HELEN OF TROY LTD (HELE) grant to Timothy F. Meeker?
Timothy F. Meeker received a grant of restricted stock totaling 1,429 HELEN OF TROY LTD common shares. The restricted stock vested immediately upon grant, meaning the ownership restrictions lifted at once rather than over time, as sometimes occurs with other equity compensation structures.
Did the restricted stock grant to Timothy F. Meeker involve a purchase price for HELEN OF TROY LTD (HELE) shares?
The restricted stock grant to Timothy F. Meeker carried a reported price of $0.00 per share. This indicates the shares were awarded as compensation rather than bought in an open-market transaction, which is common for director and executive equity incentive grants at public companies.
What is the tax-offset right mentioned in Timothy F. Meeker’s HELEN OF TROY LTD (HELE) award?
The grant includes a tax-offset right that pays cash when the restricted stock vests to cover certain tax liabilities. This feature helps the reporting person handle income taxes triggered by vesting without needing to sell shares solely to generate cash for those tax payments.
Is Timothy F. Meeker’s HELEN OF TROY LTD (HELE) transaction classified as a buy or sell on Form 4?
The transaction is classified as an acquisition under a grant, award, or other acquisition code, not an open-market buy or sell. It reflects 1,429 restricted shares awarded as compensation, which immediately vested and increased his direct holdings to 13,440 HELEN OF TROY LTD common shares.