Helios Technologies: President and CEO Sean Bagan exercised 771 shares

What happened Sean Bagan, president and CEO and a director, exercised or converted derivative awards covering 771 shares on Oct 1, 2026, at $68.89 per share, for a reported total of $53,114. On the same date, 304 shares were withheld by the issuer to satisfy tax withholding at $68.89 per share, reported as $20,943. The filing also shows a derivative disposition of 771 units at $0.00 reflecting conversion of restricted stock units into common stock.

Key details

• Transaction date(s) and price(s): Oct 1, 2026 — exercised/converted 771 shares at $68.89; 304 shares withheld at $68.89; derivative conversion 771 at $0.00.
• Shares owned after the transaction: not stated in the provided excerpt.
• Footnotes: F1 notes 401.0344 shares acquired under the issuer's ESPP through Sep 30, 2026 (exempt under Rule 16b-3(c)). F2 confirms no open-market sale — shares were withheld by the issuer to satisfy tax withholding related to RSU vesting. F3 defines each RSU as the right to receive one common share. F4 gives RSU vesting as 33-1/3% on each of the first three anniversaries of the grant.
• Filing date: Oct 5, 2026 (transaction date Oct 1, 2026); timeliness not indicated in the provided excerpt.

Why it may matter

• This filing reports an exercise/conversion of derivative awards with net settlement for taxes: 771 derivative units converted/exercised into shares and 304 shares withheld to satisfy tax withholding rather than sold on the open market.
• A filing does not show why the insider traded or why the company acted.