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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.

(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. 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 Adams Robert Potter
Role See Remarks
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
Holdings After Transaction: Stock Option (right to buy) — 120,000 contracts (Direct); Common Stock — 180,834 shares (Direct)
Footnotes (1)
  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.
Stock options granted 120,000 options Equity award to CFO on September 2, 2026
Option exercise price $10.60 per share Exercise price for 120,000 options granted September 2, 2026
Option expiration date September 2, 2036 Expiration of stock options granted to CFO
Restricted stock units granted 40,000 RSUs Contingent rights to common shares granted September 2, 2026
RSU vesting date September 1, 2029 Vesting date for 40,000 restricted stock units
Common shares held after award 180,834 shares Direct HLX common stock holdings of CFO after transactions
restricted stock units financial
"Represents a grant of 40,000 restricted stock units ("RSUs"), each of which represents a contingent right"
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.
par value financial
"one share of common stock, par value $0.00001 per share, of the Issuer"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
contingent right financial
"each of which represents a contingent right to receive, upon vesting, one share of common stock"

FAQ

What equity awards did HLX grant to its CFO Robert Potter Adams?

Robert Potter Adams received 120,000 stock options exercisable at $10.60 per share and 40,000 restricted stock units, each linked to one share of common stock, as part of an equity compensation award dated September 2, 2026.

When do the new restricted stock units granted by HLX to the CFO vest?

The 40,000 restricted stock units granted to Robert Potter Adams vest on September 1, 2029. Each unit represents a contingent right to receive one share of Hornbeck Offshore Services common stock upon vesting.

What is the exercise price and expiration date of the HLX stock options granted?

The stock options granted to Robert Potter Adams cover 120,000 shares at an exercise price of $10.60 per share and expire on September 2, 2036, according to the reported derivative award details.

How many HLX common shares does the CFO hold after these awards?

After the September 2, 2026 equity awards, Robert Potter Adams directly holds 180,834 shares of Hornbeck Offshore Services common stock, as reported in the filing’s post-transaction ownership figure.

Were the HLX insider awards made under a Rule 10b5-1 trading plan?

No. The filing indicates that these equity awards to Robert Potter Adams were not made under a Rule 10b5-1 trading plan, as the related plan-status checkbox is not affirmed.

What underlying security is covered by the HLX stock options and RSUs?

Both the 120,000 stock options and the 40,000 restricted stock units relate to Hornbeck Offshore Services common stock, with each option or unit tied to one share of common stock upon exercise or vesting, respectively.

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*
Adams Robert Potter

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
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 Stock09/02/2026A40,000(1)A$0180,834D
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
Stock Option (right to buy)$10.609/02/2026A120,00009/01/202909/02/2036Common Stock120,000$0120,000D
Explanation of Responses:
1. 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.
Remarks:
Executive Vice President and Chief Financial Officer
/s/ Beth A. LaBrosse, as Attorney-in-Fact for Robert Potter Adams09/04/2026
** 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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