Form 4: Helios Technologies Executive Matteo Arduini Reports Stock Transaction
SEC Form 4 Filing
Matteo Arduini, President of Hydraulics, EMEA at Helios Technologies, reports the vesting of restricted stock units and subsequent conversion into common stock.
Summary
- On January 6, 2025, Matteo Arduini, President of Hydraulics, EMEA at Helios Technologies, vested 1,027 restricted stock units (RSUs) which converted into 1,027 shares of common stock at a price of $44.67.
- Following the transaction, Arduini directly owns 14,834 shares of Helios Technologies common stock and 1,028 restricted stock units.
- The RSUs vest in three equal installments on each anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Date of transaction: vesting of restricted stock units and conversion to common stock. |
| 01/08/2025 | Date of signature on the Form 4 filing. |
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