Britt Douglas 4
Research Summary
AI-generated summary
Helios (HLIO) Director Britt Douglas Exercises RSUs for 1,249 Shares
What Happened
Britt Douglas, a director of Helios Technologies, reported the exercise/conversion of derivative awards on March 13, 2026. The filing shows 1,249 shares were acquired at a reported price/value of $64.17 per share (totaling $80,148). The same filing also reports a related disposition of 1,249 derivative units at $0.00. The transaction was reported on a Form 4 filed March 16, 2026.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (timely filing).
- Acquired: 1,249 shares @ $64.17 = $80,148 (Transaction code M: exercise/conversion of derivative).
- Disposed: 1,249 derivative units @ $0.00 (also reported under code M).
- Shares owned after transaction: not disclosed in the excerpt provided.
- Footnote F1: Each RSU represents the right to receive one share of common stock upon vesting; RSUs have no expiration.
Context
This filing reflects a conversion/vesting event for RSUs (derivative securities). Form 4s frequently show both the gross shares issued on vesting and any related withholding or net-settlement entries; this filing reports both an acquisition and a zero-dollar derivative disposition for the same number of units, but does not specify the net economic effect. These are not open-market purchases or sales indicating trading intent—rather, they document compensation/vesting-related issuance.