Form 4: Helix Energy Solutions Director, Paula Harris, Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Paula Harris acquired 2,595 shares of Helix Energy Solutions Group Inc. common stock on April 1, 2024, in lieu of quarterly fees for board service.
Summary
- On April 1, 2024, Paula Harris, a director of Helix Energy Solutions Group Inc., acquired 2,595 shares of common stock.
- The acquisition was made in lieu of quarterly fees related to her service on the Board of Directors and its committees.
- The shares were acquired at a price of $0.
- Following the transaction, Ms. Harris beneficially owns 61,755 shares of Helix Energy Solutions Group Inc.
- The restricted stock award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2019).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's part of a compensation plan.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This transaction is a routine disclosure of insider activity and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| May 15, 2019 | Date the 2005 Long Term Incentive Plan was Amended and Restated |
| 04/01/2024 | Date of the transaction: Paula Harris acquired 2,595 shares of common stock. |
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