Helmerich & Payne CEO shifts 526,123 shares into revocable trust
Helmerich & Payne, Inc. reported that its Chief Executive Officer and director, John W. Lindsay, transferred 526,123 shares of common stock on December 19, 2025 to The John Lindsay Revocable Trust for no consideration.
Rhea-AI Filing Summary
Helmerich & Payne, Inc. reported that its Chief Executive Officer and director, John W. Lindsay, transferred 526,123 shares of common stock on December 19, 2025 to The John Lindsay Revocable Trust for no consideration. This was an internal estate-planning move rather than a sale for cash.
After the transaction, he beneficially owns 210,385 shares directly, 9,021 shares indirectly through a 401(k), and 526,123 shares indirectly through the revocable trust, of which he is trustee and a beneficiary along with his immediate family. He remains the beneficial owner of all shares held by the trust.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 526,123 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On December 19, 2025, the reporting person transferred 526,123 shares of common stock of Helmerich & Payne, Inc. to The John Lindsay Revocable Trust for no consideration. The reporting person is the trustee of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
FAQ
What insider transaction did HP report for John W. Lindsay?
HP reported that CEO and director John W. Lindsay transferred 526,123 shares of common stock to The John Lindsay Revocable Trust on December 19, 2025 for no consideration.
What is John W. Lindsay’s position at Helmerich & Payne (HP)?
John W. Lindsay is a director of Helmerich & Payne, Inc. and serves as its Chief Executive Officer, as disclosed in the report.
Was this HP insider transaction filed by more than one reporting person?
No. The report indicates it was a Form filed by one reporting person, covering only John W. Lindsay’s holdings and transfer.
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