Form 4: Helmerich & Payne CEO Boosts Stake

Helmerich & Payne CEO John W. Lindsay increased his direct beneficial ownership through a series of transactions, including an equity award and a tax-related share disposition.

Summary

• John W. Lindsay, CEO and Director of Helmerich & Payne, Inc., reported changes in his beneficial ownership of common stock.
• On December 9, 2025, Lindsay disposed of 8,692 shares of common stock at a price of $29.75 per share, likely for tax withholding purposes.
• Following this disposition, his direct beneficial ownership stood at 670,958 shares.
• On December 10, 2025, Lindsay acquired 77,818 shares of common stock at a price of $0 per share, likely as an equity award or grant.
• After this acquisition, his direct beneficial ownership increased to 748,776 shares.
• Lindsay also holds 9,021 shares indirectly through a 401(k) plan.

Sentiment

Score: 7

Explanation: The CEO's direct beneficial ownership significantly increased due to an equity award, despite a smaller disposition for tax purposes. This net increase in insider holdings generally signals confidence in the company's future prospects.

Positives

• Significant increase in direct beneficial ownership by the CEO, from 670,958 shares to 748,776 shares, indicating strong insider confidence.
• Acquisition of 77,818 shares at a $0 price, likely an equity award, aligns management's interests with shareholders.

Negatives

• Disposition of 8,692 shares at $29.75, although likely for tax purposes, represents a reduction in direct holdings.

Industry Context

Helmerich & Payne operates in the contract drilling industry, primarily serving the oil and gas sector. Insider transactions like these are common for executives in publicly traded companies, often tied to compensation plans and tax obligations. The net increase in shares could be seen as a positive signal within the context of the energy services industry, suggesting management's belief in the company's future performance.

Stakeholder Impact

• Shareholders: The increase in the CEO's direct beneficial ownership may be viewed positively, signaling management's alignment with shareholder interests and confidence in the company's future.

Key Dates

Keywords

Helmerich & Payne, HP, John W. Lindsay, CEO, Director, Insider Trading, Form 4, Stock Transaction, Equity Award, Beneficial Ownership, Common Stock, Energy Services, Drilling