Form 4: Helix Energy Solutions CEO Owen Kratz Sells 1,050 Shares
SEC Form 4
Owen Kratz, President & CEO of Helix Energy Solutions Group Inc, sold 1,050 shares of common stock at $11.50 per share on May 23, 2024.
Summary
- On May 23, 2024, Owen Kratz, the President & CEO of Helix Energy Solutions Group Inc. (HLX), sold 1,050 shares of the company's common stock.
- The shares were sold at a price of $11.50 per share.
- Following the transaction, Kratz directly owns 7,470,279 shares of Helix Energy Solutions Group Inc.
- Kratz disclaims beneficial ownership of 1,000,000 shares held by Joss Investments Limited Partnership, where he is a general partner.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by the CEO. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives and directors, which is important for investors to assess management's confidence in the company's prospects.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their interpretation of the CEO's transaction.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of stock sale transaction |
| 05/24/2024 | Date of signature on the Form 4 filing |
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