Brown Laura D 4
Research Summary
AI-generated summary
Helios (HLIO) Director Laura Brown Converts 2,042 RSUs to Shares
What happened
- Laura D. Brown, a director of Helios Technologies (HLIO), converted/exercised 2,042 derivative awards (RSUs) into 2,042 shares on 2026-06-05. The transaction is reported with a value of $165,953, implying a per-share value of $81.27. No shares were sold in this filing — the RSUs were canceled and common shares were acquired.
Key Details
- Transaction date: 2026-06-05. Filing date: 2026-06-09 (timely within SEC Form 4 rules).
- Transaction code: M (exercise or conversion of a derivative).
- Acquired: 2,042 shares at $81.27 (value ~$165,953). Corresponding RSUs disposed/canceled: 2,042 @ $0.00 (derivative).
- Shares owned after the transaction: not disclosed in the provided excerpt.
- Footnote: F1 — each RSU represents the right to receive one share of common stock upon vesting; upon vesting there is no expiration.
Context
- This was a conversion/vesting of RSUs into common stock, not an open-market purchase or sale. Such conversions are typically administrative (vesting) events and do not by themselves indicate a buy/sell decision in the market. The filing shows no proceeds from a sale; shares were simply issued upon vesting.