Hornbeck Offshore Services, Inc. (HLX) presents unaudited pro forma condensed combined financials reflecting its September 1, 2026 business combination with Legacy Hornbeck, which is accounted for as a reverse acquisition with Legacy Hornbeck as the accounting acquirer. Legacy Helix’s assets and liabilities are remeasured at fair value under ASC 805 and ASC 820, with a preliminary purchase price of $1,573.1 million and resulting goodwill of $195.4 million.
On a pro forma basis, as of June 30, 2026 total assets are $3,719.8 million, total liabilities $1,620.9 million and stockholders’ equity $2,098.9 million. Pro forma net revenues are $926.2 million and net income $56.2 million for the six months ended June 30, 2026, and $1,810.8 million and $164.4 million, respectively, for 2025. Pro forma basic EPS is $0.17 for the six‑month period and $0.50 for 2025, based on about 326–327 million weighted average basic shares.
HORNBECK OFFSHORE SERVICES, INC. (symbol: HLX) is the issuer of record for a Form 4 filing submitted to the SEC. Meyers Kevin Omar reported acquisition or exercise transactions in this Form 4 filing.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported that director Kevin Omar Meyers received an equity compensation grant on September 2, 2026. He was awarded 16,990 restricted stock units (RSUs), each representing the contingent right to one share of common stock upon vesting. Following this award, he holds 132,545 shares of common stock directly. The RSUs vest on September 1, 2029, and no Rule 10b5-1 trading plan is reported for this transaction.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported that President and Chief Executive Officer Todd M. Hornbeck received several equity awards on September 2, 2026. He was granted stock options for 675,000 shares of Common Stock at an exercise price of $10.60 per share, exercisable beginning September 1, 2029 and expiring September 2, 2036. He also received 225,000 restricted stock units that vest on September 1, 2029, plus two performance-based RSU grants tied to synergy and stock-price targets, covering up to 1,500,000 underlying shares of Common Stock in total. Following these grants, he directly holds 5,669,648.112 shares of Common Stock.
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.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported that Executive Vice President and Chief Operating Officer, Marine Transportation and Specialty, Todd Ben received equity awards on September 2, 2026. He was granted options to purchase 210,000 shares of common stock at an exercise price of $10.60 per share, expiring on September 2, 2036, which vest on September 1, 2029. He also received 70,000 restricted stock units, each representing a right to receive one share of common stock upon vesting on September 1, 2029. No Rule 10b5-1 trading plan is reported for these awards.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported that Executive Vice President and Chief Accounting Officer Brian Michael Cook received equity-based compensation on September 2, 2026. He was granted 120,000 stock options to buy common stock at an exercise price of $10.60 per share, exercisable from September 1, 2029 until September 2, 2036.
On the same date, he was also granted 40,000 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock upon vesting on September 1, 2029. Following these grants, he directly holds 180,793 shares of common stock. No Rule 10b5-1 trading plan is reported for these awards.
HORNBECK OFFSHORE SERVICES, INC. (symbol: HLX) is the issuer of record for a Form 4 filing submitted to the SEC. Fink Benjamin Matthew reported acquisition or exercise transactions in this Form 4 filing.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported that director Benjamin Matthew Fink received a grant of 16,990 restricted stock units (RSUs) on September 2, 2026. Each RSU represents a contingent right to receive one share of common stock upon vesting, and all 16,990 RSUs vest on September 1, 2029. Following this award, Fink is reported as directly holding 16,990 shares/RSUs. No Rule 10b5-1 trading plan is reported for this grant.
Hornbeck Offshore Services, Inc. (HLX) details extensive new executive and director compensation arrangements adopted in connection with the merger between Helix Energy Solutions Group, Inc. and Legacy Hornbeck, after which Helix was converted to a Delaware corporation, Legacy Hornbeck became its wholly owned subsidiary, and Helix was renamed Hornbeck Offshore Services, Inc.
Todd M. Hornbeck entered into a five-year CEO employment agreement with a base salary of $875,000, a target annual bonus of 140% of salary, a target long‑term incentive opportunity of $4.5 million, and severance protections including 2.5× salary plus bonus on certain terminations, with enhanced treatment around changes in control. Five executive vice presidents signed parallel five‑year agreements with base salaries of $400,000–$500,000, 100% target bonuses, and 2× salary‑plus‑bonus severance in qualifying cases.
The board adopted a 2026 Omnibus Inducement Incentive Plan reserving 1,500,000 shares for inducement equity grants under NYSE Rule 303A.08. Under this plan, the company granted Todd Hornbeck 1,000,000 performance‑based RSUs with the opportunity to earn up to 1,500,000 shares, tied to achieving $75 million in annualized synergy run‑rate by year‑end 2029 and to stock‑price hurdles of $14 (target) and $20 (maximum). Additional RSU/option awards were granted to other executives, a $300,000 cash award was granted to Samuel A. Giberga, and a new director compensation policy and initial director RSU grants were established.
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.
HORNBECK OFFSHORE SERVICES, INC. (HLX) reported the initial beneficial ownership of its Executive Vice President, General Counsel and Corporate Secretary, Samuel A. Giberga, on a Form 3. As of September 1, 2026, he holds 1,362,654 shares of Common Stock, reported as direct ownership.