Macau Carlos L 4

What Happened

• Carlos L. Macau, EVP‑CFO & Treasurer of HEICO Corporation (HEI), was reported as acquiring 5,000 derivative shares/awards on May 27, 2026. The transaction is reported as an award/grant (code A) with an acquisition price of $0.00, reflecting vesting of performance-based stock options rather than an open‑market purchase.

Key Details

• Transaction date: May 27, 2026. Form 4 filed May 29, 2026 (within the typical two‑business‑day reporting window).
• Amount: 5,000 derivative securities acquired at $0.00 (award/vesting of options).
• Footnote highlights:
  • F3: This represents vesting of the first tranche (20%) of performance‑based stock options originally granted March 14, 2025, upon Compensation Committee certification on May 27, 2026.
  • F2: The related options are exercisable 20% per year over five years from the grant date.
  • F1: The filing also notes shares held for the reporting person’s benefit in HEICO’s 401(k) plan per a May 26, 2026 statement.
• Shares owned after the transaction are not specified in the provided excerpt.

Context

• This filing documents vesting/award of performance‑based options (a routine compensation event) rather than a market buy or sale. Vesting does not necessarily mean shares were exercised or sold immediately; exercisability and any subsequent sale would be reported separately. Such awards are common for retention and performance pay and do not by themselves indicate insider buying or selling sentiment.