Brown Laura D 4
Research Summary
AI-generated summary
Helios (HLIO) Director Laura D. Brown Receives 1,023 RSU Award
What Happened
Laura D. Brown, a director of Helios Technologies, received an award of 1,023 restricted stock units (RSUs) on 2026-03-19. The grant is reported as a derivative award at $0.00 per unit (code A), meaning no cash purchase was made; each RSU represents the right to one share of common stock upon vesting.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filed within the normal reporting window).
- Award: 1,023 RSUs reported at $0.00 (derivative grant).
- Shares owned after transaction: not disclosed on this filing.
- Footnote: Each RSU converts to one share of common stock upon vesting and has no expiration (Footnote F1).
- Transaction type: Award/Grant (compensation), not an open-market purchase or sale.
Context
RSU grants are typically part of compensation packages for executives and directors and do not by themselves indicate a buy or sell decision by the insider. The units will only become stock if and when they vest according to the company's vesting schedule.