Helix Energy Solutions (NYSE: HLX) director granted 20,690 shares, forfeits 4,762 for taxes
Rhea-AI Filing Summary
Helix Energy Solutions Group Inc. reported an insider equity transaction by one of its directors. On 12/10/2025, the director received 20,690 shares of common stock as a restricted stock award under the company’s 2005 Long Term Incentive Plan, which carries no purchase or sale price. On 12/11/2025, 4,762 shares were forfeited at a price of $7.25 per share to cover tax obligations arising from the vesting of this restricted stock award. After these transactions, the director beneficially owned 121,135 shares of Helix common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,762 | $7.25 | $35K |
| Grant/Award | Common Stock | 20,690 | $0.00 | -- |
Footnotes (1)
- This restricted stock award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2024) and therefore has no purchase or sales price. These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's restricted stock award.
FAQ
What insider transaction was reported for Helix Energy Solutions Group (HLX)?
A Helix Energy Solutions Group director received 20,690 shares of common stock as a restricted stock award and then forfeited 4,762 shares to cover tax obligations related to the vesting of that award.
Was the HLX restricted stock award purchased in the open market?
No. The 20,690-share grant was a restricted stock award under Helix’s 2005 Long Term Incentive Plan and therefore had no purchase or sales price.
What is the relationship of the reporting person to Helix Energy Solutions Group (HLX)?
The reporting person is a director of Helix Energy Solutions Group Inc., as indicated by the relationship box checked on the form.
Is this HLX Form 4 filed for multiple reporting persons?
No. The filing indicates that the Form 4 is filed by one reporting person, not by more than one reporting person.