4Filed Sep 14, 8:00 PM ET
Helios (HLIO) President Matteo Arduini Converts 747 RSUs
$HLIO · HELIOS TECHNOLOGIES, INC.Research Summary
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Helios (HLIO) President Matteo Arduini Converts 747 RSUs
What Happened
- Matteo Arduini, President of Hydraulics at Helios Technologies (HLIO), had restricted stock units (RSUs) convert into common shares on 2026-09-11. A total of 747 shares were reported as acquired at a fair market value of $70.66 each, totaling $52,783. The filing shows the RSU derivative conversion (transaction code M).
Key Details
- Transaction date: 2026-09-11; acquisition: 747 shares @ $70.66 = $52,783.
- Derivative conversion recorded (M) for 747 RSU units (listed as a disposition of the derivative instrument at $0).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU converts to one share upon vesting; F2 — these RSUs were granted 9/11/2024 with 50% vesting on each of the first two anniversaries (this represents the second tranche).
- Filing date: 2026-09-15 for a 9/11 transaction — the Form 4 was filed within the required reporting window (timely).
Context
- This was a vesting/conversion of RSUs into common stock, not an open-market purchase or sale. No immediate sale of the converted shares is reported in the excerpt, so this reflects receipt of shares from a compensation award rather than trading for cash.
- Transaction code M denotes exercise or conversion of a derivative security (here, RSUs converting into shares). Such conversions are common executive compensation events and are informational rather than direct bullish/bearish signals.