Otero Elena 4

What Happened

• Elena Otero, a director of Helen of Troy Ltd (HELE), received an award of 1,429 restricted shares on 2026-03-02. The reported acquisition price is $0.00 (grant), and the restricted shares vested immediately. The grant includes a tax-offset right to cover certain tax liabilities related to the vesting event.

Key Details

• Transaction date: 2026-03-02 (reported on Form 4 filed 2026-03-03).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,429 restricted shares; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Grant vested immediately and is accompanied by a tax-offset right to pay certain tax liabilities upon vesting.
• Filing timeliness: Report filed one day after the transaction date (no indication of lateness in the filing).

Context

• Restricted stock awards are a common form of executive/director compensation and vesting immediately means the recipient has full ownership subject to any company transfer restrictions. The tax-offset right indicates the company will provide cash to help cover taxes triggered by the vesting; this is an administrative feature, not a market purchase or sale.
• Such awards do not necessarily indicate insider bullishness or bearishness; they reflect compensation or board-related grants rather than open-market buying.