Hornbeck director reports 169K-share stake
Director Piyush Jindal filed an initial Form 3 for Hornbeck Offshore Services, reporting direct ownership of common shares without any new trades.
Rhea-AI Filing Summary
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported the initial holdings of director Piyush Jindal on a Form 3. The filing lists 169,225 shares of Common Stock held directly, with no associated purchase or sale transactions disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jindal Piyush
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 169,225 shares (Direct)
Key Figures
Common Stock directly owned: 169,225 shares
1 metrics
Common Stock directly owned
169,225 shares
Direct holdings of director Piyush Jindal reported on Form 3
Key Terms
Form 3, Common Stock, Power of Attorney
3 terms
Form 3 regulatory
"reported the initial holdings of director Piyush Jindal on a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"The filing lists 169,225 shares of Common Stock held directly"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Power of Attorney regulatory
"Exhibit List - Exhibit 24.1 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What does the Form 3 filing for HLX by Piyush Jindal report?
It reports that director Piyush Jindal beneficially owns 169,225 shares of Common Stock of Hornbeck Offshore Services, Inc. as a direct holding, with no buy or sell transactions disclosed in this Form 3.
Is the HLX Form 3 filing a report of a stock purchase or sale?
No. The Form 3 for HLX lists existing holdings of 169,225 shares of Common Stock for director Piyush Jindal. It does not report any new purchase or sale transaction.
Is Piyush Jindal an officer or a director of HLX according to the Form 3?
According to the Form 3, Piyush Jindal is a director of Hornbeck Offshore Services, Inc. and is not listed as an officer or ten percent owner in this filing.
Does the HLX Form 3 mention a Rule 10b5-1 trading plan?
No. The Form 3 data show the Rule 10b5-1 plan indicator as null, and there is no separate disclosure stating that the reported holdings are under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
