Helmerich & Payne director awarded phantom stock
Helmerich & Payne, Inc. director Donald F. Robillard Jr. reported an acquisition of 5,273 units of phantom stock on March 5, 2026.
Rhea-AI Filing Summary
Helmerich & Payne, Inc. director Donald F. Robillard Jr. reported an acquisition of 5,273 units of phantom stock on March 5, 2026. The award was granted at a price of $0.00 per unit and increased his directly held phantom stock balance to 59,010 units.
The phantom shares relate to the company’s Director Deferred Compensation Plan on a 1-for-1 basis and are payable in cash only. Payment will occur either in a lump sum within 60 days after his board service ends or in annual installments for up to 10 years, at his election.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 5,273 | $0.00 | $0.00 |
Footnotes (3)
- F1. Phantom shares relate to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
- F2. 1-for-1
- F3. The shares of phantom stock become payable, in cash only, at the election of the reporting person (1) in a lump sum payable no later than 60 days following the termination of the reporting person's service as a Director, or (2) in annual installments for a period of 'x' years (not to exceed 10).
FAQ
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What insider transaction did Helmerich & Payne (HP) report for Donald F. Robillard Jr.?
What is the nature of the phantom stock granted to the Helmerich & Payne (HP) director?
When will the phantom stock awarded to the Helmerich & Payne (HP) director be paid?
How many phantom stock units does the Helmerich & Payne (HP) director hold after this grant?
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