HELIX ENERGY SOLUTIONS GROUP INC (HLX), now referred to as Hornbeck Offshore Services, Inc. in this context, reports that director Diana Glassman notified the company of her resignation from its board on August 31, 2026, effective September 1, 2026.
After this effective date, she is no longer subject to Section 16 reporting for transactions in the company’s equity securities and will cease filing Forms 4 and 5 related to those securities.
HELIX ENERGY SOLUTIONS GROUP INC (HLX) reports that director Thomas Mitchell Little resigned from the board of directors of Hornbeck Offshore Services, Inc. (formerly named Helix Energy Solutions Group, Inc.).
His resignation was effective September 1, 2026, after which he is no longer subject to Section 16 reporting for transactions in that issuer’s equity securities.
HELIX ENERGY SOLUTIONS GROUP INC (HLX) has a notice of proposed sale under Rule 144 for up to 2,500,000 shares of Common Stock, with an aggregate market value of $26,361,000. The filing lists 147,382,447 shares of Common Stock outstanding and identifies Owen E. Kratz, an officer, as the person for whose account the securities may be sold, using Stifel Nicolaus & Company Inc as broker and the NYSE as the listed market.
The shares to be sold were acquired over time, including 2,296,000 shares through equity compensation events dated January 2, 2009 to January 2, 2025, and 204,000 shares through open market purchases dated June 24, 2009 and August 2, 2010.
HORNBECK OFFSHORE SERVICES, INC. (HLX) is the issuer in a Rule 144 notice filed on behalf of director Diana A. Glassman for a proposed sale of 14,041 shares of common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $152,064.03 for these shares, with 147,382,447 shares of common stock outstanding. It also notes underlying awards of restricted stock scheduled to vest in amounts of 1,007 and 13,034 shares on specified future dates.
HORNBECK OFFSHORE SERVICES, INC. (HLX) received a Rule 144 notice that officer Kenneth E. Neikirk intends to sell up to 260,061 shares of common stock through Fidelity Brokerage Services LLC, with an aggregate market value of about $2,714,012.62, based on the filing. The shares relate to restricted stock vesting granted as compensation by the issuer on January 2, 2024 (104,549 shares) and January 2, 2025 (155,512 shares). The planned sale is noted with a sale date of September 2, 2026, and Hornbeck Offshore common stock outstanding is reported as 147,382,447 shares, listed on the NYSE.
HORNBECK OFFSHORE SERVICES, INC. (HLX) has a notice of proposed sale under Rule 144 filed on behalf of officer Erik S. Staffeldt. The notice covers up to 117,619 shares of common stock, with an aggregate market value of $1,273,813.77, to be sold through Fidelity Brokerage Services LLC on or after September 2, 2026.
The shares derive from restricted stock that vested on January 2, 2024, acquired from the issuer as compensation. No sales during the prior three months are reported in the notice.
Helix Energy Solutions Group, Inc. (HLX) completed its previously announced merger with Legacy Hornbeck Offshore Services. Helix converted to a Delaware corporation, completed a two-step merger, and was renamed Hornbeck Offshore Services, Inc., whose common stock is expected to trade on the NYSE as “HOS”.
Legacy Hornbeck shareholders received 10.27167 shares of new common stock for each Legacy Hornbeck share, with cash paid for fractional shares. Legacy Creditor Warrants and equity awards were converted into Hornbeck equity or cash, and Jones Act Warrants are now exercisable for 10.27167 shares each, subject to citizenship restrictions.
Legacy Hornbeck’s 2025 results show revenue of $719.8 million and net income of $173.4 million, with total assets of $1.15 billion and equity of $568.4 million. The company has $440.6 million of second-lien term debt due 2033 and an undrawn first-lien revolver, recently upsized to $125 million, while a $120 million ABL facility was terminated with no borrowings outstanding. Governance transitioned to a new board and management team aligned with the combined business.
HELIX ENERGY SOLUTIONS GROUP, INC. (HLX) reported that its shareholders approved all proposals necessary to complete an all-stock combination with Hornbeck Offshore Services, Inc. at a special meeting held on August 31, 2026. At the record date of July 27, 2026, 147,382,447 shares of Helix common stock were issued and outstanding. Multiple proposals received strong support, with several items drawing over 126 million votes in favor versus under 1.2 million votes against, while one proposal saw 57,242,463 votes for and 69,985,545 against.
The transaction is structured as an all-stock combination, after which Hornbeck securityholders are expected to own approximately 55% and Helix shareholders approximately 45% of the combined company on a fully diluted basis. The combined company will be named “Hornbeck Offshore Services, Inc.” and is expected to trade on the New York Stock Exchange under the ticker “HOS.” Closing is expected on September 1, 2026, subject to remaining conditions. Helix and Hornbeck describe the combined business as an integrated offshore services company with expanded scale and capabilities across deepwater energy, defense and renewables markets.
Helix Energy Solutions Group, Inc. (HLX) is soliciting support for Proposal 2 at its August 31, 2026 special meeting, seeking to increase authorized capital to 400,000,000 shares of common stock and 10,000,000 shares of preferred stock.
The increase is described as a condition to consummation of Helix’s proposed business combination with Hornbeck Offshore Services, Inc., because additional authorized common shares are needed to issue merger consideration to Hornbeck equityholders. The board notes that ISS recommended voting for the merger-related proposals but against Proposal 2 due to concerns about “blank check” preferred stock. Helix states that the combined company’s board does not intend to issue blank check preferred shares for anti-takeover purposes and will not, without prior shareholder approval, use preferred stock for defensive purposes or a shareholder rights plan. The board highlights that Glass Lewis and Egan-Jones have recommended voting for Proposal 2 and urges shareholders to vote for all proposals before the proxy cutoff on August 30, 2026.
Helix Energy Solutions Group, Inc. (HLX) is asking shareholders to support Proposal 2 at its August 31, 2026 special meeting, which would increase authorized capital to up to 400,000,000 shares of common stock and 10,000,000 shares of preferred stock. This increase is a stated condition to completing Helix’s proposed business combination with Hornbeck Offshore Services, Inc., because additional authorized common shares are needed to issue consideration to Hornbeck equityholders. The letter notes that Glass Lewis and Egan-Jones support Proposal 2, while ISS recommended against it over concerns about “blank check” preferred shares. Helix’s board states the combined company board does not intend to issue preferred stock for anti-takeover purposes and will not use it for defensive measures or a shareholder rights plan without prior shareholder approval, and it recommends voting “FOR” all proposals related to the transaction.