Form 4: Helix Energy Director Little Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Thomas Mitchell Little sold 983 shares of Helix Energy Solutions Group Inc. on January 1, 2025, to cover tax obligations related to vesting restricted stock.
Summary
- On January 1, 2025, Thomas Mitchell Little, a director of Helix Energy Solutions Group Inc., disposed of 983 shares of common stock.
- The transaction was executed at a price of $9.32 per share.
- The shares were forfeited to satisfy tax obligations related to the vesting of Little's restricted stock awards.
- Following the transaction, Little directly owns 105,207 shares of Helix Energy Solutions Group Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (covering tax obligations) and doesn't inherently indicate positive or negative sentiment.
Industry Context
Insider transactions are routinely monitored by investors as they can provide signals, though in this case the sale is explicitly for tax obligations related to stock vesting, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of the transaction where 983 shares were disposed of. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.