Form 4: Helios Technologies Director Diana Sacchi Reports Stock Transactions
SEC Form 4 Filing
Director Diana Sacchi reports acquisition and disposition of Helios Technologies stock and restricted stock units.
Summary
- On March 8, 2024, Diana Sacchi, a director of Helios Technologies, Inc., reported acquiring 629 shares of common stock at a price of $45.16 per share.
- This acquisition was related to the vesting of restricted stock units.
- Following the transaction, Ms. Sacchi directly owns 2,675 shares of Helios Technologies common stock.
- On March 7, 2024, Ms. Sacchi was granted 987 restricted stock units (RSUs) which vest on 03/07/2025.
- Each RSU represents the right to receive one share of common stock upon vesting.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Grant date of 987 Restricted Stock Units |
| 03/08/2024 | Acquisition of 629 shares of common stock due to RSU vesting |
| 03/11/2024 | Date of Form 4 filing |
| 03/07/2025 | Vesting date of 987 Restricted Stock Units |
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