HP (HP) CFO Todd Scruggs discloses 42,131 directly owned shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Helmerich & Payne, Inc. executive Todd N. Scruggs, the company’s SVP and CFO, has filed an initial Form 3 outlining his equity position. The filing reports direct beneficial ownership of 42,131 shares of Common Stock, reflecting his holdings as of the reported date without detailing any new buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scruggs Todd N.
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,131 shares (Direct)
Footnotes (1)
Key Figures
Direct Common Stock holdings: 42,131 shares
Insider role: SVP, CFO
Holding entries: 1 entry
3 metrics
Direct Common Stock holdings
42,131 shares
Total shares following holding entry on Form 3
Insider role
SVP, CFO
Officer title for reporting person Todd N. Scruggs
Holding entries
1 entry
Transaction summary shows one holding entry, no buys or sells
Key Terms
Form 3, Common Stock, beneficial ownership, direct ownership
4 terms
Form 3 regulatory
"has filed an initial Form 3 outlining his equity position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"direct beneficial ownership of 42,131 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial ownership financial
"initial Form 3 outlining his equity position and beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
direct ownership financial
"The filing characterizes Todd N. Scruggs’ ownership as direct"
FAQ
What does Todd N. Scruggs’ Form 3 filing for HP show?
The Form 3 shows that SVP and CFO Todd N. Scruggs directly owns 42,131 shares of Helmerich & Payne Common Stock. This is an initial beneficial ownership report, not a disclosure of a new trade or option exercise.
Are there any derivative securities reported for HP CFO Todd N. Scruggs?
No derivative securities are listed for Todd N. Scruggs in this Form 3. The derivativeSummary is empty, and the only position disclosed is the direct holding of 42,131 Common Stock shares, with no options or similar instruments shown.