Hornbeck Offshore (HOS) Director Piyush Jindal Receives RSU Award

What Happened Piyush Jindal, a director of Hornbeck Offshore Services, Inc. (HOS), received a grant of 31,553 restricted stock units (RSUs) on September 2, 2026. The Form 4 reports the award at $0.00 per unit (typical for RSU grants); the RSUs are a contingent right to one share each upon vesting rather than immediate share ownership.

Key Details

• Transaction type: Award/Grant (code A)
• Transaction date: 2026-09-02; Filing date: 2026-09-04 (filed timely)
• Shares/units granted: 31,553 RSUs
• Reported price: $0.00 per unit; reported acquisition value: $0
• Vesting: RSUs vest on September 1, 2029 (see footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote F1: Each RSU represents a contingent right to receive one common share upon vesting

Context RSU grants are compensation and typically vest over time; they do not represent an immediate market purchase or sale. This award increases potential future share dilution when/if the RSUs convert to shares at vesting, but does not by itself signal a current market buy or sell by the insider.