Helios Technologies GC converts 747 RSUs to stock
Helios Technologies’ General Counsel had RSUs vest into common stock, with a portion withheld to cover taxes and remaining indirect holdings reported.
Rhea-AI Filing Summary
HELIOS TECHNOLOGIES, INC. (HLIO) reported an equity compensation event for its General Counsel and Secretary, Marc A. Greenberg. On September 11, 2026, 747 restricted stock units vested and were exercised into 747 shares of common stock at a $0.00 conversion price. Of these shares, 294 were delivered back to the issuer at $70.66 per share to satisfy tax withholding requirements, with no open-market sale. Indirect holdings include 58.5 shares held through the Helios Technologies Inc. 401(k) Retirement Plan and 166 shares held by his spouse, over which he disclaims Section 16 beneficial ownership except to the extent of any pecuniary interest. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
747 shares exercised/converted
Exercise
5 txns
Insider
Greenberg Marc A
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F5 | 747 | $0.00 | $0.00 |
| Exercise | Common Stock | 747 | $70.66 | $53K |
| Tax Withholding | Common Stock F1 | 294 | $70.66 | $21K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 10,527 shares (Direct);
Common Stock — 58.5 shares (Indirect, By 401(k) Plan Trust);
Common Stock — 166 shares (Indirect, By Spouse)
Footnotes (5)
- F1. 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.
- F2. Reflects the current allocation of shares under the Helios Technologies Inc. 401(k) Retirement Plan.
- F3. The reporting person disclaims Section 16 beneficial ownership over the securities reported except to the extent of his pecuniary interest therein, if any.
- F4. Each RSU represents the right to receive, following vesting, one share of Common Stock.
- F5. 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 exercised: 747 restricted stock units
Common stock acquired from RSU conversion: 747 shares
Shares withheld for tax liability: 294 shares
+4 more
7 metrics
RSUs exercised
747 restricted stock units
Vested and converted into common stock on September 11, 2026
Common stock acquired from RSU conversion
747 shares
Shares of Helios Technologies, Inc. common stock received on September 11, 2026
Shares withheld for tax liability
294 shares
Common shares delivered to issuer to satisfy tax withholding at vesting
Tax withholding reference price
$70.66 per share
Per-share value used for 294 shares withheld for tax liability
Indirect 401(k) holdings
58.5 shares
Current allocation under the Helios Technologies Inc. 401(k) Retirement Plan
Spousal indirect holdings
166 shares
Common stock held by spouse; beneficial ownership disclaimed except for pecuniary interest
RSU vesting schedule
50% on each of first two anniversaries
Restricted stock units granted September 11, 2024 vest over two years
Key Terms
Restricted Stock Units, Section 16 beneficial ownership, 401(k) Retirement Plan, 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.
Section 16 beneficial ownership regulatory
"The reporting person disclaims Section 16 beneficial ownership over the securities"
401(k) Retirement Plan financial
"Reflects the current allocation of shares under the Helios Technologies Inc. 401(k)"
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 Marc A. Greenberg on September 11, 2026?
On September 11, 2026, 747 restricted stock units held by Marc A. Greenberg vested and were converted into 747 shares of common stock of Helios Technologies, Inc. as part of his equity compensation.
What vesting terms apply to Marc A. Greenberg’s RSUs at HLIO?
Restricted stock units were granted on September 11, 2024, and 50% of the awards vest and convert into common stock on each of the first two anniversaries of the grant date, according to the disclosure.
Was a Rule 10b5-1 trading plan involved in this HLIO Form 4 transaction?
No. The Form 4 indicates no Rule 10b5-1 trading plan, and the footnotes do not state that the reported transactions were executed under any pre-arranged trading plan.
Does this HLIO Form 4 show any open-market buy or sell by Marc A. Greenberg?
No. The report shows RSU vesting and conversion plus shares withheld for tax liabilities. The footnote explicitly states that no shares were sold; instead, shares were delivered to the issuer to cover taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
