STOCK TITAN

Helix Energy officer plans sale of 2.5M shares

Officer Owen E. Kratz has filed a Rule 144 notice covering a potential sale of up to 2.5 million HLX common shares through Stifel.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

HELIX ENERGY SOLUTIONS GROUP INC (HLX) has a notice of proposed sale under Rule 144 for up to 2,500,000 shares of Common Stock, with an aggregate market value of $26,361,000. The filing lists 147,382,447 shares of Common Stock outstanding and identifies Owen E. Kratz, an officer, as the person for whose account the securities may be sold, using Stifel Nicolaus & Company Inc as broker and the NYSE as the listed market.

The shares to be sold were acquired over time, including 2,296,000 shares through equity compensation events dated January 2, 2009 to January 2, 2025, and 204,000 shares through open market purchases dated June 24, 2009 and August 2, 2010.

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Shares proposed for sale under Rule 144 2,500,000 shares Common Stock in the current Form 144 notice
Aggregate market value of shares proposed for sale $26,361,000 Value of 2,500,000 Common Stock shares covered by the notice
Shares of Common Stock outstanding 147,382,447 shares Outstanding HELIX ENERGY SOLUTIONS GROUP INC Common Stock
Shares acquired via equity compensation 2,296,000 shares Common Stock acquired from January 2, 2009 to January 2, 2025
Shares acquired via open market purchases 204,000 shares Common Stock purchased on June 24, 2009 and August 2, 2010
Date of Rule 144 notice September 2, 2026 Date the notice of proposed sale was filed
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
equity compensation financial
"Shares acquired via various equity compensation events from 1/2/2009"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
open market purchases financial
"Shares acquired via open market purchases on 6/24/2009 and 8/2/2010"
Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.

FAQ

What does the Form 144 filing mean for HELIX ENERGY SOLUTIONS GROUP INC (HLX)?

The Form 144 reports a proposed sale under Rule 144 of up to 2,500,000 shares of HLX Common Stock, with an aggregate value of $26,361,000, for the account of officer Owen E. Kratz, using Stifel Nicolaus & Company Inc as broker.

How many HLX shares are covered by this Rule 144 notice?

The notice covers up to 2,500,000 shares of HELIX ENERGY SOLUTIONS GROUP INC Common Stock, with an indicated aggregate market value of $26,361,000 at the time of the filing.

How many HLX shares are outstanding according to this Form 144?

The Form 144 states that there are 147,382,447 shares of HELIX ENERGY SOLUTIONS GROUP INC Common Stock outstanding, providing context for the size of the proposed Rule 144 sale.

Who is selling the HLX shares and through which broker?

The proposed sale is for the account of Owen E. Kratz, identified as an officer, and lists Stifel Nicolaus & Company Inc as the broker handling the potential sale of HLX Common Stock on the NYSE.

How were the HLX shares in this Form 144 originally acquired?

The filing explains that 2,296,000 shares were acquired via equity compensation events from January 2, 2009 to January 2, 2025, and 204,000 shares were acquired through open market purchases on June 24, 2009 and August 2, 2010.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature