Form 4: Helios Technologies Executive Wichlacz Reports Stock Transactions
SEC Form 4 Filing
Lee Francis Wichlacz, President of Electronics at Helios Technologies, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On January 6, 2025, Lee Francis Wichlacz, President of Electronics at Helios Technologies, had 467 restricted stock units (RSUs) vest and convert into common stock.
- The price per share at the time of vesting was $44.67.
- 186 shares were withheld by the issuer to satisfy tax withholding requirements.
- Following the transaction, Wichlacz directly owns 2,301 shares of Helios Technologies common stock and 467 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Date of earliest transaction: vesting of restricted stock units and tax withholding. |
| 01/08/2025 | Date of signature on the Form 4 filing. |
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