Helios executive granted RSUs and options
Rhea-AI Filing Summary
Helios Technologies reported that Billy Vern Aldridge, President, Electronics, received equity awards on March 5, 2026. He acquired 2,441 Restricted Stock Units, each representing one share of common stock after vesting, with one-third scheduled to vest on each of January 3, 2027, January 3, 2028, and January 3, 2029.
He was also granted 5,051 performance stock options with an exercise term of 10 years from the grant date. The number of options ultimately earned can reach up to 225% of the granted amount, based on pre-established performance metrics measured over a three-year period from the first day of fiscal 2026 through the last day of fiscal 2028, and contingent on continued employment through March 15, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Aldridge Billy Vern
Role
President, Electronics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,441 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Options (right to buy) | 5,051 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,441 shares (Direct);
Performance Stock Options (right to buy) — 5,051 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 equity awards were reported for HELIOS TECHNOLOGIES (HLIO)?
The filing shows Billy Vern Aldridge received 2,441 Restricted Stock Units and 5,051 performance stock options on March 5, 2026. These awards are equity-based compensation that can convert into Helios common shares if vesting and performance conditions are met.
How do the new Restricted Stock Units for HLIO’s Billy Vern Aldridge vest?
Each RSU converts into one share of common stock after vesting. For this grant, 33-1/3% of the 2,441 RSUs vest on January 3, 2027, another 33-1/3% on January 3, 2028, and the final 33-1/3% on January 3, 2029.
What are the key terms of the performance stock options granted at Helios Technologies?
The 5,051 performance stock options granted on March 5, 2026 may result in up to 225% of that number being earned. Actual options earned depend on pre-approved performance metrics over fiscal years 2026–2028, with options expiring 10 years from grant.
What performance period applies to the new Helios Technologies performance stock options?
The performance stock options use a three-year performance period beginning on the first day of fiscal 2026 and ending on the last day of fiscal 2028. The number of options ultimately acquired depends on achieving pre-established metrics over that timeframe.
What employment conditions affect Billy Vern Aldridge’s Helios equity awards?
The performance stock options are contingent on continuous employment with Helios Technologies through March 15, 2029. If he remains employed through that date and performance targets for fiscal 2026–2028 are achieved, more of the performance options can be earned.
Who is the insider receiving these Helios Technologies equity grants?
The equity awards were granted to Billy Vern Aldridge, who serves as President, Electronics at Helios Technologies. The Form 4 lists him as the reporting person and shows both RSU and performance stock option awards held with direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
