Britt Douglas 4
Research Summary
AI-generated summary
Helios (HLIO) Director Britt Douglas Receives RSU Award (511 Shares)
What Happened
- Britt Douglas, a director of Helios Technologies, was granted 511 restricted stock units (RSUs) on 2026-06-16. The Form 4 reports the award as a derivative acquisition (transaction code A) at $0.00, so the filing shows $0 immediate cash value.
- RSUs represent the right to receive one share of Helios common stock per unit upon vesting; actual economic value will equal the market price of HLIO shares when the RSUs vest.
Key Details
- Transaction date: 2026-06-16; filing date (Accession): 2026-06-18.
- Transaction type/code: Award/Grant (A) — 511 RSUs; reported price $0.00 (derivative).
- Post-transaction shares owned: Not specified in the information provided in this summary.
- Footnote: F1 — Each RSU converts to one share of common stock upon vesting; RSUs have no expiration.
- Timeliness: Filed within the typical Form 4 window (no late filing flag indicated).
Context
- This was a compensation award (RSUs), not an open-market purchase or sale; such grants are common for board members and do not by themselves indicate a buy/sell signal.
- Because these are RSUs, no shares were issued immediately — shares are delivered only when units vest, and the eventual value depends on HLIO’s stock price at that time.