Martich Frederick Joseph 4

What Happened

• Frederick Joseph Martich, President of Hydraulics at Helios Technologies (HLIO), was granted two equity awards on March 5, 2026: 2,807 restricted stock units (RSUs) and 5,808 performance-based stock options. Both awards were granted at $0.00 (no cash paid) and reported as derivative awards. Total units granted = 8,615.
• The RSUs convert to common stock as they vest; the performance options are contingent on meeting pre-established performance metrics and may result in up to 225% of the base number of options if targets are met. Options expire 10 years from the grant date.

Key Details

• Transaction date: 2026-03-05; reported on Form 4 filed 2026-03-09 (filed within the normal 2 business-day window).
• Price: $0.00 (award/grant; no immediate cash exchanged).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1 (RSUs): 33⅓% of the RSUs vest on each of Jan 3, 2027, Jan 3, 2028, and Jan 3, 2029 (subject to forfeiture rules).
• Footnote F2 (performance options): Vesting/number is contingent on performance over fiscal years 2026–2028; subject to continuous employment through March 15, 2029; awards may increase up to 225% of the initial grant; options expire 10 years from grant.

Context

• RSUs: these convert into shares upon vesting and do not involve an immediate purchase or sale of stock. They are compensation and common for executives.
• Performance options: payout depends on hitting defined metrics over a multi-year period; the ultimate number of options (and resulting shares) could be higher or lower depending on results.
• These grants are awards (compensation) rather than open-market purchases or sales, so they do not directly signal immediate bullish or bearish trading by the insider.