Form 4: Helios Technologies Director Alexander Schuetz Reports Stock Transactions

Director Alexander Schuetz of Helios Technologies reported the acquisition of 1,017 common stock shares and the withholding of 306 shares for tax purposes on December 11, 2024.

Summary

• Alexander Schuetz, a director at Helios Technologies, reported a transaction involving the company's common stock on December 11, 2024.
• He acquired 1,017 shares of common stock at a price of $53.89 per share.
• Additionally, 306 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock units.
• Following these transactions, Schuetz directly owns 13,862 shares of Helios Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, which is neither positive nor negative in itself. It is a neutral event.

Positives

• The acquisition of 1,017 shares by a director could be seen as a positive sign of confidence in the company.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for company insiders who trade their company's stock. It is a common practice for directors to receive stock as part of their compensation and for companies to withhold shares to cover taxes.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transactions reported are typical for directors who receive stock-based compensation.
• The withholding of shares for tax purposes is a common practice in equity compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a director's stock ownership changes.

Key Dates

Keywords

Helios Technologies, Director, Stock Transaction, Common Stock, Restricted Stock Units, Tax Withholding, Alexander Schuetz