STOCK TITAN

Hornbeck officer to sell $1.3M in stock

Officer Erik S. Staffeldt files a Rule 144 notice for a broker-handled sale of 130,635 Hornbeck Offshore Services common shares, following prior sales in the last three months.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Hornbeck Offshore Services, Inc. (HLX) reported a planned sale of its common stock under Rule 144 for the account of officer Erik S. Staffeldt. A broker, Fidelity Brokerage Services LLC, is listed to handle the sale of 130,635 shares of common stock with an indicated aggregate market value of $1,332,477.00, based on 147,382,447 shares of common stock outstanding, with an approximate sale date of September 3, 2026 on the NYSE. The shares to be sold arise from restricted stock vestings of 26,150 shares on January 3, 2023 and 104,485 shares on January 2, 2025 that were issued by the company as compensation. The notice also states that during the prior three months, 117,619 shares of common stock were sold for aggregate proceeds of $1,222,070.09 for Staffeldt’s account.

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Shares to be sold under Rule 144 130,635 shares Planned sale of Hornbeck Offshore Services common stock with approximate sale date September 3, 2026
Aggregate market value of planned sale $1,332,477.00 Estimated value of 130,635 shares of common stock to be sold
Shares outstanding 147,382,447 shares Common stock of Hornbeck Offshore Services cited in the Form 144
Restricted stock vesting 2023 26,150 shares Common shares from restricted stock vesting on January 3, 2023, issued as compensation
Restricted stock vesting 2025 104,485 shares Common shares from restricted stock vesting on January 2, 2025, issued as compensation
Shares sold in past 3 months 117,619 shares Common shares sold for the account of Erik S. Staffeldt in the prior three months
Proceeds from past 3 months’ sales $1,222,070.09 Aggregate proceeds from 117,619 shares sold in the past three months
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 | 01/03/2023 | 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 attorney-in-fact for Erik S. 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.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 130635 | 1332477.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for HLX/Hornbeck Offshore Services?

It discloses that officer Erik S. Staffeldt plans to sell 130,635 shares of Hornbeck Offshore Services common stock under Rule 144, with Fidelity Brokerage Services LLC acting as broker and an approximate sale date of September 3, 2026 on the NYSE.

How many HLX shares are planned to be sold and what is the market value?

The notice states a planned sale of 130,635 shares of Hornbeck Offshore Services common stock with an aggregate market value of $1,332,477.00, as reported in the Form 144 securities information section.

How many Hornbeck Offshore Services (HLX) shares are outstanding as cited in this filing?

The Form 144 cites that there are 147,382,447 shares of Hornbeck Offshore Services common stock outstanding, which is used in connection with the Rule 144 sale disclosure.

What is the source of the HLX shares being sold by Erik S. Staffeldt?

The shares come from restricted stock vesting awards issued by Hornbeck Offshore Services as compensation: 26,150 shares that vested on January 3, 2023 and 104,485 shares that vested on January 2, 2025.

What HLX share sales occurred in the last three months for Erik S. Staffeldt?

The Form 144 states that during the past three months, 117,619 shares of Hornbeck Offshore Services common stock were sold for aggregate proceeds of $1,222,070.09 for the account of Erik S. Staffeldt.

Who is executing the planned HLX share sale and in what capacity?

The filing lists Fidelity Brokerage Services LLC as broker for the planned sale, and it is signed by /s/ Wade Moss as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Erik S. Staffeldt.

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

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