Helios (HLIO) director acquires 810 RSUs priced $52.77
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
810 shares exercised/converted
Mixed
2 txns
Insider
Chenanda Cary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 810 | $0.00 | -- |
| Exercise | Common Stock | 810 | $52.77 | $43K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 13,901 shares (Direct)
Footnotes (1)
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FAQ
What change did HLIO director Cary Chenanda report?
The report shows Cary Chenanda acquired 810 RSUs which convert to 810 shares of HLIO common stock upon vesting.
Were the reported securities derivative or non-derivative?
The Form 4 lists 810 RSUs in the derivative section (restricted stock units) which convert into non-derivative common stock upon vesting.
Does the Form 4 indicate any expiration for the RSUs?
The filing states each RSU represents the right to receive one share following vesting and that there is no expiration once vested.