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Helmerich & Payne officer plans $450K share sale

Helmerich & Payne, Inc. (HP) is the issuer for which officer Michael Lennox has filed a Form 144 notice to sell restricted securities.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Helmerich & Payne, Inc. (HP) is the issuer for which officer Michael Lennox has filed a Form 144 notice to sell restricted securities. The notice covers a proposed sale of 10,000 shares of common stock of HP through Fidelity Brokerage Services LLC, with an aggregate sale price of $450,000.00, to be sold on the NYSE on or after September 1, 2026.

The securities to be sold were acquired through multiple restricted stock vesting compensation grants from 2019 through 2025. The filing also reports that Lennox sold 5,000 shares for $175,000.00 on July 22, 2026 and another 5,000 shares for $200,000.00 on August 10, 2026 during the prior three months.

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Proposed shares to be sold 10,000 shares of common stock Planned sale by officer Michael Lennox on or after September 1, 2026
Aggregate sale price for proposed shares $450,000.00 Total sale price for 10,000 HP common shares under the Form 144 notice
Shares sold July 22, 2026 5,000 shares Sale of HP common stock by Michael Lennox during the past 3 months
Aggregate sale price July 22, 2026 $175,000.00 Sale proceeds for 5,000 HP common shares on July 22, 2026
Shares sold August 10, 2026 5,000 shares Second reported sale of HP common stock in past 3 months
Aggregate sale price August 10, 2026 $200,000.00 Sale proceeds for 5,000 HP common shares on August 10, 2026
Restricted stock vesting on December 10, 2022 2,397 shares HP common shares vested to Michael Lennox as compensation
Restricted stock vesting on January 16, 2025 1,452 shares HP common shares vested to Michael Lennox as compensation
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 12/10/2022 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Michael Lennox"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
aggregate sale price financial
"Common | Fidelity Brokerage Services LLC ... | 10000 | 450000.00"

FAQ

What does the Form 144 filing disclose for Helmerich & Payne, Inc. (HP)?

It discloses that officer Michael Lennox has filed a notice to sell 10,000 shares of HP common stock through Fidelity Brokerage Services LLC for an aggregate sale price of $450,000.00, with sales on or after September 1, 2026 on the NYSE.

Who is selling Helmerich & Payne (HP) shares under this Form 144?

The planned sale is for the account of Michael Lennox, identified as an officer of Helmerich & Payne, Inc. Fidelity Brokerage Services LLC is listed as the broker handling the 10,000-share proposed sale.

How many Helmerich & Payne (HP) shares are proposed to be sold and at what value?

The Form 144 covers a proposed sale of 10,000 shares of HP common stock with an aggregate sale price of $450,000.00. The shares are to be sold on or after September 1, 2026 on the NYSE.

What HP share sales has Michael Lennox made in the past three months?

The filing reports Lennox sold 5,000 shares of HP common stock for $175,000.00 on July 22, 2026, and another 5,000 shares for $200,000.00 on August 10, 2026.

How were the Helmerich & Payne (HP) shares to be sold originally acquired?

The shares derive from multiple restricted stock vesting compensation awards. Vesting events between 2019 and 2025 include grants such as 2,397 shares vested on December 10, 2022 and 1,452 shares vested on January 16, 2025.

Which broker is handling the proposed Helmerich & Payne (HP) share sale?

The proposed sale of 10,000 HP common shares is listed under Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker for the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature