Hair Cara M. 4
Research Summary
AI-generated summary
Helmerich & Payne (HP) SVP Cara M. Hair Sells 28,345 Shares
What Happened
- Cara M. Hair, Senior Vice President, Corporate Services & Chief Legal Officer of Helmerich & Payne, sold 28,345 shares on 2026-05-18. The weighted average sale price was $41.45, yielding total proceeds of approximately $1,174,900. The filing describes the transaction as an open market or private sale (code S), i.e., a disposition rather than a purchase.
Key Details
- Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (filed the next day).
- Shares sold: 28,345; weighted average price: $41.45; total proceeds: ~$1,174,900.
- Price range reported in footnote: $41.19 to $41.72; the filer can provide per-price breakdown on request (Footnote F1).
- Post-transaction holdings: not specified in the information provided in this summary.
- No footnotes in the provided excerpt indicate a 10b5-1 trading plan, tax withholding, or option exercise.
Context
- This was a sale (disposition). Sales by insiders can be routine (for liquidity, diversification, tax reasons, etc.) and do not by themselves indicate a change in company outlook. For retail investors, purchases tend to be more informative about insider conviction than routine sales.