Hornbeck (HOS) CFO Robert Adams Receives 160,000-Share Award

What Happened
Robert Potter Adams, Executive Vice President and Chief Financial Officer of Hornbeck Offshore Services (HOS), received equity awards on September 2, 2026. The Form 4 reports a grant of 40,000 restricted stock units (RSUs) and 120,000 derivative share awards, each recorded with an acquisition price of $0. The 40,000 RSUs are described in the filing as contingent rights to receive one share per RSU and vest on September 1, 2029. No cash purchase or sale occurred — these are compensation awards.

Key Details

• Transaction date: 2026-09-02; Form 4 filed 2026-09-04 (filed timely).
• Grants: 40,000 RSUs (vest 9/1/2029, per footnote) and 120,000 derivative awards; both reported at $0 acquisition price.
• Total units granted: 160,000. No dollar market value is provided in the filing excerpt.
• Shares owned after transaction: not specified in the provided filing excerpt — see the full Form 4 for beneficial ownership totals.
• Footnote: F1 describes only the 40,000 RSUs and their vesting date; the 120,000 derivative award is listed as a derivative acquisition but lacks additional detail in the excerpt.

Context
RSUs are a form of compensation that convert to shares only if/when vesting conditions are met; "derivative" awards likewise indicate contingent rights to stock that depend on future conditions. Grants at $0 are standard for company compensation and do not represent open-market buying or selling. For further detail on vesting schedules, performance conditions, or the executive's total holdings, consult the full Form 4 and company disclosures (e.g., proxy or press release).