Evans Jeremy Scott 4

What Happened

• Jeremy Scott Evans, Chief Financial Officer of Helios Technologies (HLIO), received equity awards on March 5, 2026: 3,772 restricted stock units (RSUs) and 7,806 performance-based stock options. Both awards were granted at $0.00 (no cash paid) and reported on a Form 4 filed March 9, 2026.
• These were grant/award transactions (code A) — compensation awards rather than open‑market purchases or sales.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (filed within the typical 2-business-day reporting window).
• Grant details:
  • 3,772 RSUs (granted at $0.00). Each RSU converts to one share upon vesting.
  • 7,806 performance-based stock options (granted at $0.00); number of options that vest can be up to 225% of the granted amount, depending on performance.
• Vesting/conditions:
  • RSUs vest 33-1/3% on each of January 3, 2027, 2028 and 2029 (subject to forfeiture provisions).
  • Performance options vest based on pre-established performance metrics measured over fiscal years 2026–2028 and require continuous employment through March 15, 2029; options expire 10 years from grant.
• Shares owned after the transaction: not stated in the provided filing excerpt.
• No indication of immediate sale, exercise, or tax-withholding in this filing.

Context

• These are compensation grants (derivative awards). RSUs convert into shares on scheduled vesting dates; performance options only convert to exercisable options if performance targets are met and time-based conditions are satisfied. Such awards are common executive compensation and do not represent an open‑market purchase or sale.