Helio Corp CTO transfers 33,000 shares in note deal

Helio Corp director and CTO Gregory Townsend reported an "other" disposition of 33,000 shares of Common Stock.

Rhea-AI Filing Summary

Helio Corp director and CTO Gregory Townsend reported an "other" disposition of 33,000 shares of Common Stock. According to the footnote, the shares were transferred from his personal holdings to the holder of a promissory note issued by Helio Corp, for no cash consideration. Following this transfer, he directly holds 5,522,780 shares.

Insider Trade Summary

Other: 33,000 shares

Other 1 txn

Insider Delory Gregory Townsend

Role CTO

Type	Security	Shares	Price	Value
Other	Common Stock, no par value	33,000	$0.00	$0.00

Holdings After Transaction: Common Stock, no par value — 5,522,780 shares (Direct)

Footnotes (1)

1. F1. The reported disposition reflects the transfer of shares by the Reporting Person from his personal holdings to the holder of a promissory note issued by the Issuer, pursuant to the terms of the note. The transfer was made for no cash consideration.

Key Figures

Shares transferred: 33,000 shares Shares held after transaction: 5,522,780 shares Reported transaction price per share: $0.0000 per share

3 metrics

Shares transferred 33,000 shares Other disposition on Form 4

Shares held after transaction 5,522,780 shares Direct holdings following transfer

Reported transaction price per share $0.0000 per share No cash consideration for transfer

Key Terms

Form 4, Common Stock, no par value, promissory note, Other acquisition or disposition

4 terms

Form 4 regulatory

"Please analyze the following financial content according to the instructions above."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock, no par value financial

"security_title": "Common Stock, no par value""

promissory note financial

"transfer of shares by the Reporting Person from his personal holdings to the holder of a promissory note"

A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.

Other acquisition or disposition regulatory

"transaction_code_description": "Other acquisition or disposition""

FAQ

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

What insider transaction did Helio Corp (HLEO) report on this Form 4?

Helio Corp reported that CTO and director Gregory Townsend recorded an "other" disposition of 33,000 shares of Common Stock. The shares were moved from his personal holdings to the holder of a promissory note issued by Helio Corp, with no cash consideration involved.

How many Helio Corp (HLEO) shares does Gregory Townsend hold after the transaction?

After the reported transaction, Gregory Townsend directly holds 5,522,780 shares of Helio Corp Common Stock. This figure reflects his position following the transfer of 33,000 shares to the holder of a promissory note pursuant to the note’s terms, as disclosed in the filing.

Was the Helio Corp (HLEO) insider transaction an open-market sale or purchase?

The transaction was not an open-market sale or purchase. It is coded "J" on Form 4, described as an "Other acquisition or disposition," and reflects a transfer of 33,000 shares to a promissory note holder, completed for no cash consideration under the note’s terms.

Why did Helio Corp CTO Gregory Townsend transfer 33,000 shares?

The filing explains that Gregory Townsend transferred 33,000 shares from his personal holdings to the holder of a Helio Corp promissory note. This transfer was made pursuant to the terms of the note and specifically occurred for no cash consideration, indicating a debt-related share transfer.

What does transaction code "J" mean in the Helio Corp (HLEO) Form 4?

In this Form 4, transaction code "J" is described as an "Other acquisition or disposition." For Helio Corp, it represents a restructuring-style move where 33,000 shares of Common Stock were transferred from Gregory Townsend’s personal holdings to a promissory note holder without any cash consideration.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/23/2026 - 04:23 PM Learn about SEC filing dates

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^*

Delory Gregory Townsend

(Last) (First) (Middle)

319 17TH AVE

(Street)

SAN FRANCISCO CALIFORNIA 94121

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Helio Corp /FL/ [ HLEO ]

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CTO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, no par value	06/22/2026		J		33,000	D	(1)	5,522,780	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported disposition reflects the transfer of shares by the Reporting Person from his personal holdings to the holder of a promissory note issued by the Issuer, pursuant to the terms of the note. The transfer was made for no cash consideration.

	/s/ Gregory T. Delory	06/23/2026
	** 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)