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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.

(Moderate)
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Lennox Michael
Role EVP, WESTERN HEMISPHERE LAND
Sold 10,000 shs ($450K)
Type Security Shares Price Value
Sale Common Stock F1 10,000 $45.00 $450K
Holdings After Transaction: Common Stock — 171,037 shares (Direct)
Footnotes (1)
  1. F1. Transaction effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 30, 2026.
Shares sold 10,000 shares Common Stock sold by Michael Lennox on September 1, 2026
Sale price per share $45.00 per share Reported price for the September 1, 2026 sale
Approximate transaction value $450,000 10,000 shares sold at $45.00 per share
Shares held after transaction 171,037 shares Direct holdings of Michael Lennox following the sale
Rule 10b5-1 plan adoption date March 30, 2026 Date Lennox’s trading plan was adopted for this sale
Rule 10b5-1 trading plan regulatory
"Transaction effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Common Stock financial
"10,000 shares of Common Stock on September 1, 2026"
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.
open market or private transaction financial
"Sale in open market or private transaction"

FAQ

What insider transaction did Helmerich & Payne (HP) disclose for Michael Lennox?

Helmerich & Payne disclosed that executive vice president Michael Lennox sold 10,000 shares of the company’s Common Stock on September 1, 2026 in a sale reported as an open-market or private transaction.

At what price were the HP shares sold in Michael Lennox’s Form 4 filing?

The reported transaction price was $45.00 per share for the sale of 10,000 shares of Helmerich & Payne Common Stock by executive vice president Michael Lennox on September 1, 2026.

How many Helmerich & Payne (HP) shares does Michael Lennox hold after this sale?

After the reported sale, Michael Lennox directly held 171,037 shares of Helmerich & Payne Common Stock, according to the Form 4 disclosure.

Was the Helmerich & Payne (HP) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan that Michael Lennox previously adopted on March 30, 2026.

What is Michael Lennox’s role at Helmerich & Payne (HP) as noted in the Form 4?

Michael Lennox is identified as an officer of Helmerich & Payne, serving as EVP, WESTERN HEMISPHERE LAND, according to the Form 4 filing.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lennox Michael

(Last)(First)(Middle)
222 N. DETROIT AVE.

(Street)
TULSA OKLAHOMA 74120

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Helmerich & Payne, Inc. [ HP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, WESTERN HEMISPHERE LAND
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026S(1)10,000D$45171,037D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Transaction effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 30, 2026.
/s/ Karsten K. Irwin by Power of Attorney for Michael Lennox09/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)