Form 4: Helios Technologies CEO Josef Matosevic Reports Stock Transactions
SEC Form 4 Filing
Josef Matosevic, CEO of Helios Technologies, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On April 1, 2024, Josef Matosevic, the President and CEO of Helios Technologies, Inc. (HLIO), had 17,929 restricted stock units (RSUs) vest.
- These RSUs converted into common stock.
- The company withheld 7,056 shares to satisfy tax withholding requirements at a price of $44.05 per share.
- Following these transactions, Matosevic directly owns 78,206 shares of Helios Technologies common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock ownership. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted compensation.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of RSU vesting and stock transactions. |
| 04/03/2024 | Date of Form 4 filing. |
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