Hornbeck (HOS) EVP/COO Todd Ben Receives Equity Awards

What Happened
Todd Ben, Executive Vice President and Chief Operating Officer, Marine Transportation and Specialty at Hornbeck Offshore Services (HOS), received equity awards on September 2, 2026. The Form 4 reports two acquisitions: 70,000 restricted stock units (RSUs) and 210,000 derivative awards, both recorded at $0.00 (grants). The 70,000 RSUs represent contingent rights to one share per RSU and vest on September 1, 2029. The filing shows a total of 280,000 units granted.

Key Details

• Transaction date: September 2, 2026; Form 4 filed September 4, 2026 (appears timely).
• Grants reported: 70,000 RSUs @ $0.00 and 210,000 derivative awards @ $0.00 (total 280,000 units).
• Footnote: The 70,000 RSUs vest on September 1, 2029 (each RSU converts to one common share upon vesting).
• The filing does not specify vesting or performance conditions for the 210,000 derivative awards.
• Amount of shares owned after the transaction is not provided in the Form 4.

Context

• These are grant/award transactions (code A) — typical executive compensation rather than open-market buying or selling. Grants recorded at $0 reflect issuance of contingent equity, not a cash purchase.
• For retail investors, awards (especially RSUs with multi-year vesting) are common compensation tools and do not by themselves indicate immediate buying or selling intent.