STOCK TITAN

Hornbeck director granted 31,553 RSUs

Director Piyush Jindal received a long-dated RSU grant at Hornbeck Offshore Services, vesting in 2029 and increasing his direct holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HORNBECK OFFSHORE SERVICES, INC. (symbol: HLX) is the issuer of record for a Form 4 filing submitted to the SEC. Jindal Piyush reported acquisition or exercise transactions in this Form 4 filing.

Hornbeck Offshore Services, Inc. (HLX) reported that director Piyush Jindal received an equity compensation award of 31,553 restricted stock units (RSUs) of common stock on September 2, 2026. Each RSU represents a contingent right to receive one share upon vesting, and the RSUs vest on September 1, 2029. Following this grant, Jindal directly holds 200,778 shares of common stock. No Rule 10b5-1 trading plan is reported in connection with this award.

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Insider Jindal Piyush
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 31,553 $0.00 $0.00
Holdings After Transaction: Common Stock — 200,778 shares (Direct)
Footnotes (1)
  1. F1. Represents a grant of 31,553 restricted stock units ("RSUs"), each of which represents a contingent right to receive, upon vesting, one share of common stock, par value $0.00001 per share, of the Issuer. The RSUs vest on September 1, 2029.
RSUs granted 31,553 units Restricted stock units granted to director Piyush Jindal on September 2, 2026
Shares owned after transaction 200,778 shares Direct holdings of Hornbeck Offshore Services common stock after the RSU grant
RSU vesting date September 1, 2029 Vesting date for the 31,553 RSUs granted to Piyush Jindal
Grant price per RSU $0.00 per unit Equity compensation grant of RSUs to director Jindal
restricted stock units financial
"Represents a grant of 31,553 restricted stock units ("RSUs"), each of which"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"31,553 restricted stock units ("RSUs"), each of which represents a contingent"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"represents a contingent right to receive, upon vesting, one share of common"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"each of which represents a contingent right to receive, upon vesting, one"

FAQ

What equity award did director Piyush Jindal receive from HLX?

Director Piyush Jindal was granted 31,553 restricted stock units (RSUs) of Hornbeck Offshore Services common stock on September 2, 2026, each RSU representing a contingent right to receive one share upon vesting.

When do Piyush Jindal’s new HLX RSUs vest?

The 31,553 RSUs granted to director Piyush Jindal vest on September 1, 2029, at which time each RSU represents the right to receive one share of Hornbeck Offshore Services common stock, subject to the award’s terms.

How many HLX shares does Piyush Jindal hold after this Form 4 transaction?

After the reported RSU grant, director Piyush Jindal directly holds 200,778 shares of Hornbeck Offshore Services common stock, as stated in the Form 4 data.

Was the HLX RSU grant to Piyush Jindal made under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction, meaning the RSU grant is reported without being tied to an affirmed pre-arranged trading plan.

Did Piyush Jindal buy or sell any HLX shares in the market in this filing?

No market purchases or sales are reported. The Form 4 shows an acquisition via grant of 31,553 RSUs at a price of $0.00 per unit, reflecting a compensation award rather than an open-market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jindal Piyush

(Last)(First)(Middle)
103 NORTHPARK BOULEVARD, SUITE 300

(Street)
COVINGTON LOUISIANA 70433

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HORNBECK OFFSHORE SERVICES, INC. [ HOS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/02/2026A31,553(1)A$0200,778D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of 31,553 restricted stock units ("RSUs"), each of which represents a contingent right to receive, upon vesting, one share of common stock, par value $0.00001 per share, of the Issuer. The RSUs vest on September 1, 2029.
/s/ Beth A. LaBrosse, as Attorney-in-Fact for Piyush Jindal09/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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