CASE THURMAN K 4
4 · HELEN OF TROY LTD · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Helen of Troy Director Case Thurman Receives 1,429-Share Award
What Happened
Case Thurman, a director of Helen of Troy Ltd. (HELE), received an award of 1,429 restricted shares on 2026-03-02. The Form 4 reports the shares were acquired at $0.00 (a compensation award) and the award vested immediately. The filing notes a tax-offset right that entitles Thurman to receive cash to cover certain tax liabilities tied to the vesting.
Key Details
- Transaction date: 2026-03-02; Form 4 filed: 2026-03-03 (filed timely).
- Transaction type/code: Award/Grant (A); shares acquired: 1,429; reported price: $0.00.
- Reported value on Form 4: $0 (no cash purchase price; market value not provided in the filing).
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnote: Award vested immediately and includes a tax‑offset right to receive cash for related tax liabilities (not tax‑withholding via share surrender).
- Not reported as a sale or open‑market purchase — this is a compensation award, common for directors.
Context
Restricted stock awards that vest immediately are typically compensation or service-related rather than a market-driven purchase; they do not by themselves indicate the director is buying or selling stock. The tax‑offset right means the company may pay cash to cover the recipient’s tax withholding obligations instead of withholding shares.
Insider Transaction Report
- Award
Common Shares, Par value $0.10 per share
[F1]2026-03-02+1,429→ 10,725 total
Footnotes (1)
- [F1]Grant of restricted stock, which vested immediately and is accompanied by a tax-offset right which entitles the reporting person to receive, upon vesting of the restricted stock, a cash amount to pay certain tax liabilities incurred in connection with the event.