Otero Elena 4

What Happened Elena Otero, a director of Helen of Troy Ltd (HELE), was granted 919 restricted shares on 2026-06-01. The Form 4 reports the acquisition as 919 shares at $0.00 (total $0) and notes the restricted stock vested immediately. The grant includes a tax‑offset right that entitles Otero to receive cash to cover certain tax liabilities related to the vesting event.

Key Details

• Transaction date: 2026-06-01; Transaction type: Award/Grant (code A).
• Shares acquired: 919; reporting price: $0.00; total reported value: $0.
• Footnote: Tax‑offset right (F1) accompanies the restricted stock and applies upon vesting.
• Shares owned after the transaction: not specified in the provided filing.
• Filing: Period of report 2026-06-01, filed 2026-06-02 — appears timely (not marked late).

Context This was an award/grant of restricted stock that vested immediately (an acquisition-type event), not an open‑market purchase or sale. The $0.00 acquisition price indicates no cash was paid by the insider in the filing; the tax‑offset right means the company may provide cash to cover tax obligations arising from the vesting. As with any insider award, this is a factual disclosure of compensation-related equity and should not be taken alone as a signal of future stock performance.