Helios (HLIO) Director Ian K. Walsh Exercises 697 RSUs

What Happened Ian K. Walsh, a director of Helios Technologies, converted/exercised 697 RSUs into common shares on September 18, 2026. The filing shows 697 shares acquired at an implied per-share amount of $69.29 for a total of $48,295. On the same date the filing also reports 697 shares as disposed at $0.00 (derivative classification). This transaction is a conversion/settlement of equity awards rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-18; Form 4 filed: 2026-09-22 (appears timely — within the standard 2 business days).
• Acquired: 697 shares at $69.29 each; total reported value $48,295.
• Disposed: 697 shares reported at $0.00 (derivative).
• Footnote: Each RSU represents the right to receive one share of common stock upon vesting; there is no expiration (F1).
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• This filing reflects an equity award conversion (RSU vesting/settlement), not an open-market buy or sale. The simultaneous reporting of acquired shares and an equal number of shares disposed at $0.00 commonly indicates shares were withheld or surrendered to satisfy tax withholding or to settle the award under the company plan; the Form 4 excerpt does not explicitly state the reason. No market sale at a cash price is shown.