Greenberg Marc A 4

What Happened

• Marc A. Greenberg, General Counsel and Secretary of Helios Technologies (HLIO), received two equity awards on March 5, 2026: 3,417 restricted stock units (RSUs) and 7,071 performance-based stock options. Both awards were recorded as derivative acquisitions at $0.00 (i.e., no cash purchase).
• These are grants/awards (not open-market buys or sales) — typically compensation rather than a direct bullish or bearish signal to investors.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely within the SEC two-business-day rule).
• RSUs: 3,417 units; each RSU converts to one share upon vesting. Vesting schedule: 33 1/3% on each of Jan 3, 2027, Jan 3, 2028 and Jan 3, 2029 (footnote F1).
• Performance stock options: 7,071 (performance-vested). Actual number of options that vest can be up to 225% of the target based on performance metrics over fiscal years 2026–2028; vesting also requires continuous employment through March 15, 2029. Options expire 10 years from the grant date (footnote F2).
• Price/Consideration: $0.00 per unit reported (award grant); no immediate cash proceeds or sales reported.
• Shares owned after the reported transactions: not specified in the excerpt of the filing.
• No mention in the filing of a 10b5-1 plan, tax-withholding share surrender, or a cashless exercise tied to these grants.

Context

• RSUs convert to actual shares only after they vest; performance options may result in more or fewer options depending on achievement of pre-set targets — both are contingent compensation rather than immediate share purchases or sales.
• These grants are standard executive compensation actions and do not by themselves indicate insider buying or selling intent.