HMH Holding Inc SEC Filings

Skogerbo Pal reported acquisition or exercise transactions in this Form 4 filing.

HMH Holding Inc Chief Technology Officer Pal Skogerbo received a grant of 12,468 restricted stock units under the company’s 2026 Long-Term Incentive Plan. This equity award is described as a true-up to correct an earlier administrative error that had granted fewer units than the Board originally approved.

The award includes 9,659 units that vested immediately, with the remainder vesting in tranches through September 1, 2028. Following this compensation-related grant, Skogerbo holds 73,744 shares of Class A common stock directly.

McGee Thomas W. reported acquisition or exercise transactions in this Form 4 filing.

HMH Holding Inc Chief Financial Officer receives equity award. On May 5, 2026, CFO Thomas W. McGee was granted 20,135 restricted stock units under the HMH Holding Inc. 2026 Long-Term Incentive Plan. Each unit represents a contingent right to receive one share of Class A common stock.

The award corrects an earlier administrative error that resulted in fewer units being granted on April 2, 2026 than the Board had approved, and this grant serves as a true-up to align his total equity award with the original approval. Following this grant, McGee directly holds 167,473 shares of Class A common stock.

The restricted stock units have staggered vesting: 17,326 vested immediately upon grant, 624 vest on September 1, 2026, 874 vest in two equal annual installments on September 1, 2026 and September 1, 2027, and 1,311 vest in three equal annual installments from September 1, 2026 through September 1, 2028.

Dyrseth Roy A. reported acquisition or exercise transactions in this Form 4 filing.

HMH Holding Inc reported that Chief Commercial Officer Roy A. Dyrseth received a grant of 12,468 shares of Class A common stock in the form of restricted stock units under the 2026 Long-Term Incentive Plan. This equity grant is a true-up award correcting an earlier administrative error that had under-granted units compared with amounts approved by the board. Of these restricted stock units, 9,659 vested immediately, with the remainder vesting in scheduled installments through September 1, 2028. Following this award, Dyrseth directly holds 80,744 shares of HMH Holding Inc Class A common stock.

HMH Holding Inc. reported first-quarter 2026 results for its operating subsidiary HMH Holding B.V. while completing its IPO and related reorganization. B.V. revenue was $171.3 million, down from $198.4 million, as product and service revenue declined, partly offset by higher spare parts sales. Operating income improved to $19.2 million from $16.0 million due to lower costs, better project mix and the absence of prior-year restructuring charges, but net income fell to $3.9 million from $5.9 million largely on higher tax expense.

Cash from operations was $7.3 million versus $13.6 million a year earlier, reflecting working capital swings. As of March 31, 2026, HMH B.V. held $101.3 million of cash and $344.0 million of total debt, including $195.9 million of 7.875% senior secured bonds due 2028 and $146.6 million of shareholder loans.

On April 2, 2026, HMH completed an IPO of 10,520,000 Class A shares at $20.00 per share, generating net proceeds of about $197.8 million, followed by an additional 685,844 shares for $12.9 million. Proceeds were used to buy voting shares from Baker Hughes and Akastor, contribute capital to HMH B.V., and repay shareholder loans, leaving Baker Hughes and Akastor with about 72% voting power through Class B stock and non‑voting interests.

HMH Holding Inc. reported first quarter 2026 revenue of $171.3 million, down 14% from the first quarter of 2025, with net income attributable to HMH Holding B.V. of $3.4 million, down 44%. Adjusted EBITDA was $30.1 million, relatively flat year-on-year but down 44% versus the prior quarter.

The company highlighted strong commercial momentum, with $218 million of orders and a book-to-bill ratio of 1.3x, supporting backlog and second-half 2026 activity. Management expects full-year 2026 adjusted EBITDA between $157 million and $177 million, based on current backlog, orders and margin visibility.

HMH also completed its IPO on April 2, 2026, selling 10,520,000 Class A shares at $20.00 per share for net proceeds of $197.8 million. Most proceeds were used to buy shares from principal stockholders and repay shareholder loans, with the remainder supporting working capital. Free cash flow was positive at $4.6 million in the quarter.

HMH Holding Inc insiders associated with Akastor reported internal restructuring transactions tied to the company’s IPO over-allotment option. Underwriters partially exercised their option to buy 685,844 shares of Class A common stock, with closing anticipated on May 5, 2026.

The issuer will contribute net over-allotment proceeds of $12,893,867.20 to HMH Holding B.V., which will use the funds to purchase securities in equal proportion from Akastor and another HMH B.V. stockholder. For Akastor, HMH B.V. will purchase 171,461 Class B shares and 342,922 B.V. non-voting Class A shares from Mercury HoldCo Inc. for $2,773,200.59, and the same amounts from Akastor AS for $3,673,733.01, totaling $6,446,933.60.

An exchange agreement gives Akastor the right, after the IPO lock-up period ends on September 27, 2026 (unless earlier waived), to exchange one Class B share plus related B.V. non-voting shares for cash or one Class A common share, with no stated expiration.

Baker Hughes Holdings LLC, a major shareholder of HMH Holding Inc, reported internal restructuring transactions involving multiple share classes rather than open-market trades. On April 30, 2026, underwriters partially exercised the IPO over-allotment to purchase 685,844 shares of Class A common stock. Net proceeds of $12,893,867.20 will be contributed by HMH Holding Inc. to HMH Holding B.V., which will use $6,446,933.60 of this amount to buy from Baker Hughes 342,922 Issuer Class B Shares, 342,922 B.V. Non-Voting Class A Shares and 342,922 B.V. Non-Voting Class B Shares. Following these "other" transactions, Baker Hughes Holdings LLC reports indirect beneficial ownership of 15,945,826 shares, and retains the right, after the IPO lock-up period ends on September 27, 2026, to exchange one Issuer Class B Share plus one of each B.V. non-voting share for one Class A common share or cash on a one-for-one basis.

HMH Holding Inc. Schedule 13G shows Citadel entities and Kenneth Griffin jointly report beneficial ownership of 665,923 shares (representing 6.3%) of Class A common stock. The filing notes 10,520,000 Shares outstanding as of April 2, 2026 and holdings are reported as of the opening of the market on April 9, 2026. The filing attributes 15 shares to Citadel Securities and reports Mr. Griffin as beneficially owning 665,938 shares (6.3%).

HMH Holding Inc reported that Pal Skogerbo, serving as Chief Technology Officer, filed a Form 3 insider ownership report. The filing lists Skogerbo as an officer of HMH Holding Inc and does not show any individual buy or sell transactions.