Helmerich & Payne (HP): Insider Vesting of 43,271 Shares on 10/01/2025
Michael Lennox, EVP, Western Hemisphere Land at Helmerich & Payne, Inc. (HP), reported a change in beneficial ownership dated 10/01/2025.
Rhea-AI Filing Summary
Michael Lennox, EVP, Western Hemisphere Land at Helmerich & Payne, Inc. (HP), reported a change in beneficial ownership dated 10/01/2025. The filing shows 43,271 shares of Common Stock were acquired (Code V, typically the vesting of previously granted awards) at a reported price of $0. After the transaction Mr. Lennox beneficially owned 164,830 shares. The Form 4 was signed by power of attorney on 10/03/2025.
Positive
- 43,271 shares were acquired (Code V), indicating vesting of equity awards
- Reporting officer now beneficially owns 164,830 shares, showing continued insider stake
Negative
- None.
Insights
Insider award vesting: 43,271 shares vested for an officer.
This Form 4 records a non‑cash acquisition (Code V) of 43,271 shares, which is consistent with the vesting or settlement of equity awards rather than an open‑market purchase. Such filings show management receiving equity compensation aligned with long‑term incentives.
The filing discloses that post‑transaction ownership is 164,830 shares, a concrete figure investors can use to track insider holdings. No cash purchase price or sale was reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,271 | $0.00 | $0.00 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Helmerich & Payne insider Michael Lennox report on Form 4 (HP)?
What does Transaction Code V mean on the HP Form 4?
Was there a cash purchase price reported for the HP transaction?
When was the Form 4 for Michael Lennox signed?
What is Michael Lennox's role at HP as shown on the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.