Helios Technologies (HLIO) officer reports RSU share conversion in Form 4
Rhea-AI Filing Summary
Helios Technologies insider share activity: A company officer, serving as President of Hydraulics, FCT, reported acquiring common stock of Helios Technologies, Inc. through the vesting and conversion of restricted stock units on 01/03/2026. Two transactions coded "M" show a total of 3,303 shares of common stock acquired at a reference price of $54.71 per share. Following these transactions, the officer beneficially owns 17,289 shares of Helios Technologies common stock directly. The filing notes that each RSU converts into one share of common stock upon vesting, with one-third of the awards vesting on each anniversary of the grant date unless forfeited.
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FAQ
What insider transaction did Helios Technologies (HLIO) report in this Form 4?
The filing reports that an officer of Helios Technologies, Inc. acquired common stock through the vesting and conversion of restricted stock units on 01/03/2026, recorded as transaction code "M".
How many Helios Technologies (HLIO) shares did the officer acquire?
The officer acquired 1,611 shares of common stock in one transaction and 1,692 shares in a second transaction, for a total of 3,303 shares reported as acquired.
What is the officer’s total beneficial ownership in Helios Technologies (HLIO) after the transactions?
After the reported transactions, the officer beneficially owns 17,289 shares of Helios Technologies common stock directly.
What role does the reporting person hold at Helios Technologies (HLIO)?
The reporting person is an officer of Helios Technologies, serving as President of Hydraulics, FCT.
How do the restricted stock units (RSUs) work in this Helios Technologies (HLIO) filing?
Each RSU represents the right to receive one share of Helios Technologies common stock after vesting. According to the filing, 33-1/3% of the awards vest and convert into common stock on each anniversary of the grant date unless earlier forfeited.
What transaction code is used for the Helios Technologies (HLIO) RSU conversions?
The transactions are reported with code "M", which in this context reflects the conversion of restricted stock units into common stock.