Hornbeck CFO holds 140,834 company shares
Hornbeck Offshore Services’ CFO reports an initial direct beneficial ownership position of 140,834 common shares on Form 3.
Rhea-AI Filing Summary
Hornbeck Offshore Services, Inc. (HLX) disclosed that Executive Vice President and Chief Financial Officer Robert Potter Adams filed an initial statement of beneficial ownership on Form 3. The filing reports 140,834 shares of Common Stock held with direct ownership and does not report any recent purchase or sale transactions.
The remarks indicate that Adams serves as Executive Vice President and Chief Financial Officer, and reference an attached Power of Attorney authorizing the Form 3 filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adams Robert Potter
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 140,834 shares (Direct)
Key Figures
Common Stock holdings: 140,834 shares
1 metrics
Common Stock holdings
140,834 shares
Directly owned by Executive Vice President and Chief Financial Officer Robert Potter Adams following the reported position
Key Terms
Form 3, beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"filed an initial statement of beneficial ownership on 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
"filed an initial statement of beneficial ownership on Form 3"
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
"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 disclose about HLX CFO Robert Potter Adams’ holdings?
The Form 3 filing reports that Executive Vice President and Chief Financial Officer Robert Potter Adams has beneficial ownership of 140,834 shares of Hornbeck Offshore Services, Inc. common stock, held directly, with no related purchase or sale transactions disclosed.
Is there any buy or sell transaction reported in this HLX Form 3?
No. The Form 3 for Hornbeck Offshore Services, Inc. reports no purchase or sale transactions; it only discloses a direct holding of 140,834 shares of common stock as the officer’s existing beneficial ownership.
Who is the insider named in this Hornbeck Offshore Services (HLX) Form 3?
The insider is Robert Potter Adams, identified as an officer of Hornbeck Offshore Services, Inc. The remarks specify that he serves as Executive Vice President and Chief Financial Officer, and he is not listed as a director or ten percent owner.
Does the HLX Form 3 mention a Rule 10b5-1 trading plan?
No. The Form 3 data do not indicate any Rule 10b5-1 trading plan associated with the reported holdings; the record only reflects existing ownership of 140,834 directly held common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
