Helmerich & Payne EVP sells $450K stock
Helmerich & Payne EVP Michael Lennox sold 10,000 HP shares under a pre-arranged Rule 10b5-1 trading plan, retaining 171,037 shares afterward.
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Rhea-AI Filing Summary
Helmerich & Payne, Inc. (HP) reported that executive vice president Michael Lennox sold 10,000 shares of Common Stock on September 1, 2026 at $45.00 per share in an open-market or private transaction. The filing states this sale was effected under a Rule 10b5-1 trading plan adopted on March 30, 2026. Following the transaction, Lennox directly held 171,037 shares of Helmerich & Payne common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $45.00 | $450K |
Footnotes (1)
- F1. Transaction effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 30, 2026.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Common Stock financial
open market or private transaction financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Helmerich & Payne (HP) disclose for Michael Lennox?
Was the Helmerich & Payne (HP) insider sale made under a Rule 10b5-1 plan?
What is Michael Lennox’s role at Helmerich & Payne (HP) as noted in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.