Hornbeck CFO granted 120K options, 40K RSUs
Hornbeck Offshore’s CFO received stock options and restricted stock units as part of an equity award, increasing his direct common share holdings.
Rhea-AI Filing Summary
HORNBECK OFFSHORE SERVICES, INC. (symbol: HLX) is the issuer of record for a Form 4 filing submitted to the SEC. Adams Robert Potter reported acquisition or exercise transactions in this Form 4 filing.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported that Executive Vice President and Chief Financial Officer Robert Potter Adams received an equity compensation grant on September 2, 2026. He was awarded 120,000 stock options, each exercisable at $10.60 per share, expiring on September 2, 2036, covering an equal number of common shares.
On the same date, he also received 40,000 restricted stock units, each representing a contingent right to one share of common stock, which vest on September 1, 2029. Following this award, he directly holds 180,834 shares of common stock, and no Rule 10b5-1 trading plan is reported in connection with these grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 120,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 40,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of 40,000 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.
Key Figures
Key Terms
restricted stock units financial
par value financial
contingent right financial
FAQ
What equity awards did HLX grant to its CFO Robert Potter Adams?
When do the new restricted stock units granted by HLX to the CFO vest?
What is the exercise price and expiration date of the HLX stock options granted?
Were the HLX insider awards made under a Rule 10b5-1 trading plan?
What underlying security is covered by the HLX stock options and RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.