Helios Technologies (HLIO) CFO Jeremy Evans Exercises RSUs

What Happened

• Jeremy Scott Evans, Chief Financial Officer of Helios Technologies (HLIO), had restricted stock units (RSUs) vest and convert into common stock on 2026-09-11. The filing reports 374 shares issued to him (reported as acquired) at a notional price of $70.66 ($26,427). To satisfy tax withholding, 92 shares (valued at $70.66 each, ~$6,501) were withheld by the issuer. The Form 4 also shows the derivative conversion entry associated with the RSU vesting.

Key Details

• Transaction date(s): 2026-09-11.
• Reported prices/values: 374 shares at $70.66 (acquired; $26,427); 92 shares withheld at $70.66 (tax withholding; $6,501); a derivative conversion line for 374 shares at $0 (represents RSU conversion).
• Shares issued vs. withheld: 374 delivered to the insider; 92 withheld to cover taxes (total vested = 466 shares).
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for current beneficial ownership.
• Footnotes of note:
  • F1: No open‑market sale — shares were withheld by the issuer to satisfy tax withholding.
  • F2: Each RSU converts to one share of common stock upon vesting.
  • F3: RSUs were originally granted 9/11/2024; 50% vested on each of the first two anniversaries (this is the scheduled vesting event).
• Filing timeliness: Reported on 2026-09-15 for a 9/11 transaction; this is within the SEC two‑business‑day filing window (timely).

Context

• This transaction reflects scheduled RSU vesting and conversion to stock rather than an open‑market purchase or sale. Withholding of shares for taxes is a routine administrative action and should not be interpreted as a market sale by the insider. The filings use transaction codes M (exercise/conversion of a derivative) and F (payment/tax withholding). For exact post‑transaction holdings, refer to the full Form 4.