Helios CEO converts 747 RSUs into stock
Helios Technologies’ CEO had RSUs vest into common stock, with part of the new shares withheld to cover taxes and no open‑market sales reported.
Rhea-AI Filing Summary
HELIOS TECHNOLOGIES, INC. (HLIO) reported that President and CEO Sean Bagan exercised 747 Restricted Stock Units into an equal number of shares of Common Stock on September 11, 2026, at a conversion price of $0.00 per share.
Of these, 294 shares of Common Stock were withheld by the issuer at $70.66 per share to satisfy tax withholding requirements in connection with the RSU vesting; the footnotes state that no shares were sold. A footnote also states that his direct holdings include 375.0631 shares acquired under the Employee Stock Purchase Plan through June 30, 2026. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
747 shares exercised/converted
Exercise
3 txns
Insider
Bagan Sean
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 747 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 747 | $70.66 | $53K |
| Tax Withholding | Common Stock F2 | 294 | $70.66 | $21K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 20,460.0631 shares (Direct)
Footnotes (4)
- F1. Includes 375.0631 shares acquired under the Issuer's Employee Stock Purchase Plan (ESPP) through June 30, 2026, in transactions exempt under Rule 16b-3(c).
- F2. No shares were sold - these shares were withheld by the issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
- F3. Each RSU represents the right to receive, following vesting, one share of Common Stock.
- F4. Restricted stock units granted to reporting person on 9/11/2024, 50% of the awards vest and convert into Common Stock on each of the first two anniversaries of the grant date.
Key Figures
RSUs converted: 747 shares
Shares withheld for taxes: 294 shares
Share value used for withholding: $70.66 per share
+2 more
5 metrics
RSUs converted
747 shares
Restricted Stock Units converted into Common Stock on September 11, 2026
Shares withheld for taxes
294 shares
Common shares withheld to satisfy tax withholding requirements on RSU vesting
Share value used for withholding
$70.66 per share
Per-share value applied to the 294 shares withheld for tax purposes
ESPP shares held
375.0631 shares
Direct holdings acquired under the ESPP through June 30, 2026
RSU conversion price
$0.00 per RSU
Each RSU represents the right to receive one share of Common Stock at no exercise price
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, Rule 16b-3(c), tax withholding requirements
4 terms
Restricted Stock Units financial
"Each RSU represents the right to receive, following vesting, one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"shares acquired under the Issuer's Employee Stock Purchase Plan (ESPP)"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"in transactions exempt under Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
tax withholding requirements financial
"shares were withheld by the issuer to satisfy tax withholding requirements"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HLIO report for CEO Sean Bagan on September 11, 2026?
HLIO reported that President and CEO Sean Bagan had 747 Restricted Stock Units vest and convert into 747 shares of Common Stock on September 11, 2026, reflecting the vesting of awards originally granted on September 11, 2024.
What RSU grant and vesting schedule does the HLIO Form 4 describe?
The filing notes that the Restricted Stock Units were granted on September 11, 2024. 50% of the award vests and converts into Common Stock on each of the first two anniversaries of the grant date, and this Form 4 reflects one of those vesting events.
Does the HLIO Form 4 mention an Employee Stock Purchase Plan position for the CEO?
Yes. A footnote states that the CEO’s direct holdings include 375.0631 shares acquired under the issuer’s Employee Stock Purchase Plan (ESPP) through June 30, 2026, in transactions exempt under Rule 16b-3(c).
Were the HLIO CEO’s transactions executed under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions, meaning the trades are not identified as being made under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
