Helmerich & Payne (HP) Director Hans Helmerich Sells Shares

What Happened

• Hans Helmerich, a director of Helmerich & Payne (HP), sold a total of 94,470 shares in open‑market transactions on August 20, 2026. The sales were executed at a weighted average price of $43.90, producing total proceeds of about $4,147,233.
• Transaction breakdown: 25,000 shares for $1,097,500; 65,000 shares for $2,853,500; and 4,470 shares for $196,233. These were outright sales (S), which are often routine dispositions rather than a direct signal about company outlook.

Key Details

• Transaction date: 2026-08-20 (filed with the SEC on 2026-08-24).
• Prices: weighted average $43.90; actual prices ranged from $43.83 to $44.03 (per footnote F1 — issuer/SEC/security holders can request full per‑price breakdown).
• Total shares sold: 94,470; total proceeds: approximately $4.15 million.
• Shares owned after transaction: not specified in the information provided in your summary of the filing.
• Filing timeliness: filed Aug 24 for Aug 20 trades; this appears to meet the usual two‑business‑day Form 4 filing deadline.
• No 10b5‑1 plan or other special instructions were disclosed in the provided filing excerpt.

Context

• This report documents sales (dispositions). Insider sales can reflect many personal reasons (diversification, tax needs, estate planning) and are not by themselves proof of management’s view of the company’s prospects.