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 April 1, 2024, Lee Francis Wichlacz, President of Electronics at Helios Technologies, had 1,920 Restricted Stock Units (RSUs) vest and convert into common stock.
- The company withheld 746 shares to satisfy tax withholding requirements at a price of $44.05 per share.
- Following these transactions, Wichlacz directly owns 1,455 shares of Helios Technologies common stock and 0 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and does not indicate any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of earliest transaction: vesting of RSUs and tax withholding. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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