Hornbeck Offshore director Benjamin Fink reports no holdings
Hornbeck Offshore Services director Benjamin Matthew Fink filed an initial Form 3 without reporting any transactions or specific share holdings.
Rhea-AI Filing Summary
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported the initial ownership statement of insider Benjamin Matthew Fink on a Form 3. Fink is identified as a director of the company. The filing does not list any specific holdings or report any buy, sell, or derivative transactions, and references an exhibit for a Power of Attorney.
Positive
- None.
Negative
- None.
Key Figures
Reported buy transactions: 0 transactions
Reported sell transactions: 0 transactions
Holding entries: 0 holdings
3 metrics
Reported buy transactions
0 transactions
Initial Form 3 for director Benjamin Matthew Fink
Reported sell transactions
0 transactions
Initial Form 3 for director Benjamin Matthew Fink
Holding entries
0 holdings
No non-derivative or derivative positions listed on the Form 3
Key Terms
Form 3, beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"reported the initial ownership statement of insider Benjamin Matthew Fink 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.
beneficial ownership financial
"serves as his initial statement of beneficial ownership but does not list"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Power of Attorney regulatory
"references an exhibit for a 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 filed for HLX disclose about Benjamin Matthew Fink?
The Form 3 identifies Benjamin Matthew Fink as a director of Hornbeck Offshore Services, Inc. It serves as his initial statement of beneficial ownership but does not list any specific securities or holdings.
Is there any Rule 10b5-1 trading plan mentioned in Benjamin Matthew Fink’s Form 3 for HLX?
No. The Form 3 data show the Rule 10b5-1 plan indicator as null, and there are no footnotes describing any trading plan, so no plan is reported in connection with this filing.
What additional document is referenced in the HLX Form 3 for Benjamin Matthew Fink?
The remarks section references an exhibit titled “Exhibit 24.1 - Power of Attorney”, indicating a Power of Attorney is included as part of the filing, likely authorizing execution of documents on his behalf.
AI-generated analysis. How Rhea-AI works. Not financial advice.