Helmerich & Payne, Inc. (NYSE: HP) CFO has 2,150 shares withheld
Rhea-AI Filing Summary
Helmerich & Payne, Inc. reported that SVP and CFO Todd N. Scruggs had 2,150 shares of common stock withheld at $34.57 per share to pay an exercise price or tax liability. After this non-market disposition, he directly holds 39,981 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,150 shares
Net Sell
1 txn
Insider
Scruggs Todd N.
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,150 | $34.57 | $74K |
Holdings After Transaction:
Common Stock — 39,981 shares (Direct)
Key Figures
Shares withheld for tax or exercise: 2,150 shares
Price per share: $34.57
Shares held after transaction: 39,981 shares
3 metrics
Shares withheld for tax or exercise
2,150 shares
Common Stock delivered or withheld on 2026-07-31 to cover exercise price or tax liability
Price per share
$34.57
Per-share value used for the exercise-price-or-tax-liability disposition
Shares held after transaction
39,981 shares
Directly owned Helmerich & Payne common shares following the disposition
Key Terms
Rule 10b5-1, exercise price, beneficial ownership
3 terms
Rule 10b5-1 financial
"Footnotes may reference Rule 10b5-1 trading plans or pre-arranged"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
exercise price financial
"Payment of exercise price or tax liability by delivering or withholding"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
beneficial ownership financial
"disclaimers of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HP CFO Todd N. Scruggs report?
Todd N. Scruggs reported 2,150 shares of Helmerich & Payne common stock withheld at $34.57 per share. This disposition was to satisfy an exercise price or tax liability rather than an open-market sale.
Was the HP (HP) CFO’s reported transaction an open-market sale?
No. The transaction used code F, meaning shares were delivered or withheld to pay an exercise price or tax liability. It does not represent a discretionary open-market purchase or sale of Helmerich & Payne stock.