Hornbeck officer plans 107K-share stock sale
Officer Erik S. Staffeldt filed a Rule 144 notice to sell 107,081 HLX shares, following recent open-market sales totaling 295,165 shares.
Rhea-AI Filing Summary
HORNBECK OFFSHORE SERVICES, INC. (HLX) received a Rule 144 notice covering the planned sale of 107,081 shares of common stock held for the account of officer Erik S. Staffeldt, with an aggregate market value of $976,149.08 and 147,382,447 shares of common stock outstanding as of September 9, 2026.
The notice also lists recent sales for Staffeldt totaling 295,165 shares of common stock over the prior three months, for aggregate consideration of $2,962,455.65, executed through Fidelity Brokerage Services LLC as broker.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold under Rule 144: 107,081 shares
Aggregate market value of planned sale: $976,149.08
Shares outstanding: 147,382,447 shares
+5 more
8 metrics
Shares to be sold under Rule 144
107,081 shares
Planned sale of HLX common stock for account of Erik S. Staffeldt
Aggregate market value of planned sale
$976,149.08
Total market value of 107,081 HLX shares covered by Rule 144 notice
Shares outstanding
147,382,447 shares
HLX common stock outstanding as of September 9, 2026
Shares sold on September 2, 2026
117,619 shares
HLX common stock sold by Erik S. Staffeldt
Proceeds from September 2, 2026 sale
$1,222,070.09
Aggregate consideration for 117,619 HLX shares sold
Shares sold on September 3, 2026
130,635 shares
HLX common stock sold by Erik S. Staffeldt
Shares sold on September 8, 2026
50,911 shares
HLX common stock sold by Erik S. Staffeldt
Total proceeds from three recent sales
$2,962,455.65
Aggregate consideration for 295,165 HLX shares sold in September 2026
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
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.
Restricted Stock Vesting financial
"Common | 01/02/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity... as attorney-in-fact for Erik Staffeldt"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for HORNBECK OFFSHORE SERVICES, INC. (HLX)?
It discloses that Erik S. Staffeldt, an officer, filed a Rule 144 notice to sell 107,081 shares of HLX common stock, with an aggregate market value of $976,149.08, through Fidelity Brokerage Services LLC on or after September 9, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.