Chenanda Cary 4

What Happened
Director Chenanda Cary exercised/converted restricted stock units (RSUs) to receive 1,106 shares of Helios Technologies (HLIO). The filing shows an acquisition of 1,106 shares at an implied value of $64.17 per share, totaling $70,972. This was a conversion/vesting of a derivative (code M), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-13. Form 4 filed: 2026-03-16. No late-timeliness flag indicated on the filing.
• Reported entries: acquired 1,106 shares @ $64.17 (total $70,972); a corresponding derivative disposition of 1,106 units at $0.00 reflecting the conversion of the RSUs.
• Shares owned after transaction: not disclosed on the Form 4.
• Footnote: Each RSU converts to one share upon vesting and has no expiration (per filing footnote).
• Transaction code: M = exercise/conversion of a derivative (RSU).

Context
This was a vesting/conversion event (RSUs converting into common stock), not a market purchase or sale. Such conversions are common compensation events and do not by themselves indicate an open-market buy or sell decision. Purchases or open-market sales by insiders can be more informative about sentiment; here the director simply received shares through the company’s equity plan.