Aldridge Billy Vern 4

What Happened
Billy Vern Aldridge, President of Electronics at Helios Technologies (HLIO), received two equity awards on March 5, 2026: 2,441 restricted stock units (RSUs) and 5,051 performance stock options. Both grants are reported as derivative awards at $0.00 per share (reported value $0 on the Form 4) — these are awards, not open-market purchases or sales.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (appears to be after the standard 2-business-day filing window).
• Grants: 2,441 RSUs (F1) and 5,051 performance stock options (F2), reported at $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1 (RSUs): Each RSU converts to one share when vested; vesting occurs 33-1/3% on Jan 3 of 2027, 2028 and 2029 (unless forfeited).
• Footnote F2 (performance options): Vesting and the number of options that become exercisable are contingent on pre-established performance metrics over FY2026–FY2028; payout can be up to 225% of target options. Continuous employment through March 15, 2029 is required for vesting. Options expire 10 years from grant.

Context

• These are long-term compensation awards, not an immediate purchase or sale of stock. RSUs convert to shares only as they vest; performance options only become exercisable if performance goals are met.
• Because these are derivative awards with time- and performance-based vesting, they do not necessarily signal immediate insider buying or selling intent.
• The filing timing (filed Mar 9 for Mar 5 grants) may be outside the typical 2-business-day Form 4 window, which is noted for investors but does not by itself indicate trading intent.