4/A: Helios Technologies Executive Matteo Arduini Corrects Stock Option Grant in Amended SEC Filing
SEC Filing
Matteo Arduini, President of Hydraulics, EMEA at Helios Technologies, files an amended SEC Form 4 to correct the number of stock options granted.
Summary
- Matteo Arduini, President of Hydraulics, EMEA at Helios Technologies, filed an amended Form 4 with the SEC.
- The amendment corrects an error in the original filing from September 13, 2024, regarding the number of stock options granted.
- The corrected filing shows that Arduini was granted 5,342 stock options on September 11, 2024, at an exercise price of $40.13.
- These options vest and become exercisable on the third anniversary of the grant date, September 11, 2027, and expire on September 11, 2034.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.
Positives
- The correction of the stock option grant ensures accurate reporting and transparency.
Industry Context
This filing is a routine disclosure related to executive compensation and is standard practice for publicly traded companies.
Stakeholder Impact
- The correction ensures accurate information for shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of stock options grant |
| 09/11/2027 | Date stock options vest and become exercisable |
| 09/11/2034 | Date stock options expire |
| 09/13/2024 | Date of original Form 4 filing |
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