Form 4: Helios Technologies Executive Martich Reports Stock Transactions
SEC Form 4 Filing
Frederick Joseph Martich, a Helios Technologies executive, reported the vesting of restricted stock units and subsequent tax withholding.
Summary
- On April 1, 2024, Frederick Joseph Martich, President of Hydraulics, Americas at Helios Technologies, Inc., had 1,992 restricted stock units (RSUs) vest and convert into common stock.
- The company withheld 783 shares to satisfy tax withholding requirements related to the vesting of these RSUs at a price of $44.05 per share.
- Following these transactions, Martich directly owns 10,759 shares of Helios Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent 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 in the form of RSUs.
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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