CASE THURMAN K 4

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.