Schuetz Alexander 4

What Happened

• Alexander Schuetz, a director of Helios Technologies (HLIO), had 1,291 derivative awards convert to common stock on 2026-06-05. The conversion used a reported price of $81.27 per share (total value ≈ $104,920). To cover tax withholding, 388 of those shares (≈ $31,533) were withheld by the issuer, leaving a net delivery of 903 shares to Schuetz.
• This was not an open-market purchase or sale by the director; it reflects the vesting/conversion of derivative awards (RSUs), with shares withheld for taxes — a routine administrative step rather than a market sale.

Key Details

• Transaction date: 2026-06-05; Filing date: 2026-06-09 (appears timely — filed within the usual 2 business-day window).
• Reported prices: $81.27 per share for the conversion and the withheld-share value.
• Shares involved: 1,291 shares acquired via conversion; 388 shares withheld for tax payment; net 903 shares delivered to the insider.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction codes and footnotes: M = exercise/conversion of derivative; F = shares withheld to satisfy tax withholding. Footnote F1 clarifies no shares were sold — they were withheld for taxes. Footnote F2 clarifies each RSU converts to one share upon vesting.

Context

• This was a conversion/vesting event (RSUs/derivative conversion), not an open-market trade. The withheld shares are a common mechanism to satisfy tax obligations and do not necessarily indicate any buying or selling sentiment by the insider.
• The filing shows the derivative was converted (reported as disposed at $0, per form conventions) and the newly issued shares were partially withheld for taxes.