Hornbeck Offshore (HOS) Director John Lovoi Receives 16,990 RSU Award

What Happened John Lovoi, a director of Hornbeck Offshore Services, was granted 16,990 restricted stock units (RSUs) on 2026-09-02 (no cash paid). The filing also shows a disposition on 2026-09-01 of 4,552 shares at $10.30 per share (total value $46,886) to satisfy a tax liability or exercise payment (transaction code F). The RSUs are a non-cash award (code A) and represent a contingent right to receive one share per RSU upon vesting.

Key Details

• Grant: 16,990 RSUs on 2026-09-02; acquisition price $0.00; footnote: RSUs vest on September 1, 2029.
• Tax/Payment withholding: 4,552 shares disposed on 2026-09-01 at $10.30 each, total $46,886 (code F).
• Filing: Form 4 filed 2026-09-03 for report period 2026-09-01; no late filing indicated.
• Shares owned after transactions: Not specified in the provided filing excerpt.
• Exhibit noted: Exhibit 24.1 — Power of Attorney.

Context RSUs are a deferred equity award and do not convey shares until they vest (here, 9/1/2029). The 4,552-share disposition was recorded as a payment of tax liability or exercise-related withholding (routine for equity awards) and does not necessarily indicate a market-sale decision. This combination—an award grant plus share withholding to meet tax obligations—is common when companies grant equity compensation.