HLIO: Cary Chenanda receives 810 RSUs at $52.77 — Form 4
Helios Technologies insider Cary Chenanda acquired 810 shares through the vesting of restricted stock units that convert into common stock at vesting.
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Rhea-AI Filing Summary
Helios Technologies insider Cary Chenanda acquired 810 shares through the vesting of restricted stock units that convert into common stock at vesting. The reported transaction shows 810 RSUs were treated as an acquisition at an implied price of $52.77 per share, increasing the reporting person’s direct beneficial ownership to 13,901 shares. The RSUs convert one-for-one into common shares when they vest and carry no expiration once vested. The Form 4 reports the transaction was executed under a standard equity compensation arrangement for a director and was disclosed on the required SEC reporting form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 810 | $0.00 | $0.00 |
| Exercise | Common Stock | 810 | $52.77 | $43K |
Footnotes (1)
- F1. Each RSU represents the right to receive, following vesting, one share of Common Stock. Upon vesting, there is no expiration.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change did HLIO director Cary Chenanda report?
Were the reported securities derivative or non-derivative?
Does the Form 4 indicate any expiration for the RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.