Form 4: Helios CEO Sean Bagan Boosts HLIO Stock Holdings

Helios Technologies CEO Sean Bagan reported a net increase in his direct common stock ownership following the vesting of restricted stock units and tax withholding.

Summary

• Sean Bagan, President, CEO, and CFO of Helios Technologies (HLIO), reported transactions on September 11, 2025.
• Acquired 748 shares of Common Stock at a price of $55.89 per share through the vesting of restricted stock units (RSUs).
• Disposed of 183 shares of Common Stock at $55.89 per share to satisfy tax withholding requirements related to the RSU vesting.
• Following these transactions, Sean Bagan directly owns 9,241 shares of Common Stock.
• The restricted stock units were granted on September 11, 2024, with 50% of the awards vesting and converting into Common Stock on each of the first two anniversaries of the grant date.

Sentiment

Score: 7

Explanation: The filing indicates a routine vesting of restricted stock units for a key executive, resulting in a net increase in his direct share ownership, which is generally viewed positively as it aligns management interests with shareholders.

Positives

• Sean Bagan's direct beneficial ownership of Helios Technologies Common Stock increased by a net of 565 shares (748 acquired minus 183 disposed for taxes), aligning his interests further with shareholders.
• The vesting of restricted stock units indicates the successful fulfillment of performance or time-based criteria for executive compensation.

Negatives

• The disposition of 183 shares for tax withholding, while a standard practice, reduces the total number of shares retained by the executive from the vesting event.

Stakeholder Impact

• Shareholders: Increased alignment of the CEO's interests with shareholders due to a net increase in direct ownership.

Next Steps

• Future vesting events for the remaining restricted stock units granted on September 11, 2024, are expected on the second anniversary of the grant date.

Key Dates

Recommendation

This Form 4 filing details a routine vesting of restricted stock units and associated tax withholding for a key executive. While it demonstrates continued insider ownership, it does not present new information that would fundamentally alter the investment thesis for Helios Technologies, thus a 'hold' recommendation is appropriate.

Keywords

HLIO, Helios Technologies, Sean Bagan, Form 4, insider trading, stock transactions, CEO, CFO, restricted stock units, RSU vesting