4Accepted Sep 15, 4:13 PM ET
Helios (HLIO) Hydraulics Pres. Frederick Martich Receives 747 Shares
Accepted (ET)
4:13 PM
Sep 15, 2026
Filed
Sep 15, 2026
Documents
1
Size
8.7 KB
Summary
Helios (HLIO) Hydraulics Pres. Frederick Martich Receives 747 Shares
What Happened
- Frederick Joseph Martich, President of Hydraulics at Helios Technologies (HLIO), had 747 restricted stock units (RSUs) convert into common shares on 2026-09-11. The 747 shares were valued at $70.66 each (total value ≈ $52,783).
- To satisfy tax withholding, the issuer withheld 294 of those shares (valued ≈ $20,774). That leaves a net delivery of 453 shares to Mr. Martich (453 × $70.66 ≈ $32,009).
- This was not an open-market purchase or sale—this was the scheduled vesting/conversion of RSUs (an award vesting event), so it is a non-trading compensation event rather than a buy/sell signal.
Key Details
- Transaction date: 2026-09-11. Form 4 filed: 2026-09-15 (timely filing).
- Prices reported: $70.66 per share (fair market value used to report the award and withholding).
- Shares involved: 747 RSUs converted to 747 shares; 294 shares withheld for taxes; net 453 shares delivered to the insider.
- Footnotes: F1 — withheld shares were not sold on the market; F2 — each RSU converts to one share; F3 — RSUs were granted 9/11/2024 with 50% vesting on each of the first two anniversaries (this is the scheduled vesting).
- Shares owned after transaction: Not specified in the provided filing.
Context
- This is a routine vesting of restricted stock units (award/compensation), not a purchase or market sale. The withholding of shares to cover taxes is common in RSU vesting and should not be interpreted as a market sale by the insider.
- Transaction codes: M indicates exercise/conversion of a derivative (RSU conversion here); F indicates shares withheld to cover tax liability.