Helmerich & Payne (HP) CEO John W. Lindsay moves 526,123 shares to family trust
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.
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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.
Did John W. Lindsay sell any Helmerich & Payne (HP) shares for cash?
No cash sale occurred. The 526,123 shares of HP common stock were transferred to a revocable trust for no consideration, meaning there was no purchase price paid.
How many Helmerich & Payne shares does John W. Lindsay own after this transaction?
Following the transfer, John W. Lindsay beneficially owns 210,385 shares directly, 9,021 shares indirectly through a 401(k), and 526,123 shares indirectly through The John Lindsay Revocable Trust.
What is The John Lindsay Revocable Trust’s role in HP share ownership?
The John Lindsay Revocable Trust holds 526,123 HP shares. John W. Lindsay is the trustee, and he and his immediate family are the sole beneficiaries, so he remains the beneficial owner of those shares.
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.