Helios exec granted RSUs and stock options
Rhea-AI Filing Summary
Martich Frederick Joseph reported acquisition or exercise transactions in this Form 4 filing.
Helios Technologies executive Frederick Joseph Martich received new equity awards. He was granted 2,807 restricted stock units, each representing one future share of common stock after vesting. These RSUs vest in three equal installments on January 3 of 2027, 2028, and 2029.
He was also granted 5,808 performance stock options, which provide the right to receive up to 225% of that number depending on pre-established performance metrics over a three-year period from the fiscal year 2026 through 2028. The options require continued employment through March 15, 2029 and will expire 10 years from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Martich Frederick Joseph
Role
Pres. of Hydraulics, MCT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,807 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Options (right to buy) | 5,808 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,807 shares (Direct);
Performance Stock Options (right to buy) — 5,808 shares (Direct)
Footnotes (2)
- F1. Each RSU represents the right to receive, following vesting, one share of Common Stock. Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each of January 3, 2027, January 3, 2028, and January 3, 2029.
- F2. The performance stock options granted to the reporting person on March 5, 2026, represent the right to receive, following vesting, a number of stock options up to 225% of the number of stock options. The number of performance stock options acquired upon vesting is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on the first day of the fiscal year of 2026 and ending the last day of the fiscal year of 2028, subject to continuous employment with the Company through March 15, 2029. Stock options expire 10 years from the date of grant.
FAQ
What insider transactions did HLIO executive Frederick Martich report?
He reported equity awards, not open-market trades. Frederick Martich received 2,807 restricted stock units and 5,808 performance stock options, all as direct holdings. These awards increase his potential future ownership in Helios Technologies based on time-based vesting and performance conditions.
How do the new RSUs granted to the HLIO executive vest?
The 2,807 restricted stock units vest in three equal tranches. One-third converts into common stock on January 3, 2027, another third on January 3, 2028, and the final third on January 3, 2029, assuming the awards are not forfeited.
What are the terms of the performance stock options granted by Helios Technologies (HLIO)?
The 5,808 performance stock options can result in up to 225% of that number vesting. Actual options earned depend on pre-approved performance metrics for fiscal years 2026–2028, with continuous employment required through March 15, 2029, and a 10-year expiration from the March 5, 2026 grant date.
Are the HLIO insider’s new equity awards tied to performance targets?
Yes, the performance stock options are contingent on achieving pre-established performance metrics over a three-year period covering fiscal 2026 to 2028. The number of options ultimately acquired can be up to 225% of the initial 5,808, as approved by the company’s Compensation Committee.
Does the HLIO executive pay anything for these RSUs and options at grant?
The awards were granted at a stated price of $0.0000 per unit or option at grant, indicating they are compensation awards rather than purchases. Any future cost, such as an exercise price on options, is not detailed in the provided information.
What employment conditions apply to the HLIO performance stock options?
To receive performance stock options upon vesting, the executive must remain continuously employed with Helios Technologies through March 15, 2029. In addition to this service requirement, vesting also depends on meeting pre-established performance metrics over the fiscal 2026–2028 performance period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
