Hornbeck Offshore director plans sale of 14K shares
HORNBECK OFFSHORE SERVICES, INC.
Rhea-AI Filing Summary
HORNBECK OFFSHORE SERVICES, INC. (HLX) is the issuer in a Rule 144 notice filed on behalf of director Diana A. Glassman for a proposed sale of 14,041 shares of common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $152,064.03 for these shares, with 147,382,447 shares of common stock outstanding. It also notes underlying awards of restricted stock scheduled to vest in amounts of 1,007 and 13,034 shares on specified future dates.
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Key Figures
Shares proposed to be sold: 14,041 shares
Aggregate market value: $152,064.03
Shares outstanding: 147,382,447 shares
+2 more
5 metrics
Shares proposed to be sold
14,041 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$152,064.03
Market value of 14,041 HLX shares covered by the notice
Shares outstanding
147,382,447 shares
HLX common shares outstanding as stated in the filing
Restricted stock vesting 1
1,007 shares
Restricted stock vesting from issuer categorized as compensation
Restricted stock vesting 2
13,034 shares
Restricted stock vesting from issuer categorized as compensation
Key Terms
Rule 144, Restricted Stock Vesting, aggregate market value, attorney-in-fact
4 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 | 12/06/2024 | 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.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 14041 | 152064.03"
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.
attorney-in-fact regulatory
"as attorney-in-fact for Diana A. Glassman"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for HLX (Hornbeck Offshore Services, Inc.)?
It discloses that director Diana A. Glassman has filed a Rule 144 notice covering a potential sale of 14,041 shares of HLX common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $152,064.03 as stated in the filing.
What restricted stock vesting is associated with this HLX Form 144 filing?
The filing notes restricted stock vesting awards of 1,007 shares and 13,034 shares of HLX common stock, each described as Restricted Stock Vesting from the issuer and categorized as compensation, with specific future vesting dates listed.
AI-generated analysis. How Rhea-AI works. Not financial advice.