Form 4: Helmerich & Payne CEO Transfers Shares to Trust

Helmerich & Payne CEO John W. Lindsay transferred 526,123 shares of common stock to a revocable trust, maintaining beneficial ownership.

Summary

• John W. Lindsay, the Chief Executive Officer and a Director of Helmerich & Payne, Inc. (HP), reported a change in his beneficial ownership of company common stock.
• On December 19, 2025, Lindsay transferred 526,123 shares of Helmerich & Payne, Inc. common stock to The John Lindsay Revocable Trust.
• This transfer was executed for no consideration.
• Lindsay remains the beneficial owner of the securities held by the trust, as he serves as the trustee, and he along with members of his immediate family are the sole beneficiaries.
• Following this transaction, Lindsay directly owns 210,385 shares, indirectly owns 9,021 shares through a 401(k) plan, and indirectly owns 526,123 shares through The John Lindsay Revocable Trust.

Sentiment

Score: 5

Explanation: Neutral, as it's a routine internal transfer of shares to a trust, with beneficial ownership retained by the CEO. It does not indicate a change in investment conviction or company performance.

Positives

• The CEO retains beneficial ownership of the transferred shares, indicating continued alignment with shareholder interests.
• The transaction is an internal estate planning move rather than a market sale, which typically has a neutral impact on market perception.

Negatives

• No direct financial negatives for the company or market are indicated by this routine internal transfer.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• On December 19, 2025, the reporting person transferred 526,123 shares of common stock of Helmerich & Payne, Inc. to The John Lindsay Revocable Trust for no consideration.
• The reporting person is the trustee of the trust, and the reporting person and members of his immediate family are the sole beneficiaries of the trust.
• The reporting person remains the beneficial owner of the securities held by the trust.

Industry Context

This announcement pertains to an insider ownership change and does not directly relate to broader industry trends or competitive landscape analysis. It reflects an individual executive's personal financial planning.

Related Party Transactions

• The transfer of shares to The John Lindsay Revocable Trust, where the reporting person and his immediate family are the sole beneficiaries, constitutes a related party transaction for estate planning purposes.

Stakeholder Impact

• Shareholders: Minimal direct impact, as the CEO retains beneficial ownership, signaling continued alignment of interests.
• Employees, Customers, Suppliers, Creditors: No discernible direct impact from this internal ownership restructuring.

Key Dates

Recommendation

The filing details a routine internal transfer of shares by the CEO to a revocable trust, with beneficial ownership retained. This transaction does not reflect a change in the CEO's investment conviction or the company's operational performance, thus it provides no new information to warrant a change in investment recommendation based solely on this filing.

Keywords

Helmerich & Payne, HP, John W. Lindsay, CEO, Director, Beneficial Ownership, Stock Transfer, Revocable Trust, SEC Form 4, Insider Transaction