Form 4: Helmerich & Payne Director Bellinger Reports Acquisition of Phantom Stock

Director Delaney Murchison Bellinger reports acquisition of phantom stock related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.

Summary

• Delaney Murchison Bellinger, a director of Helmerich & Payne, Inc., filed a Form 4 on March 7, 2025, reporting a transaction that occurred on March 6, 2025.
• The transaction involved the acquisition of 7,177 phantom stock shares related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
• Following the reported transaction, Bellinger beneficially owns 35,819 phantom stock shares directly.
• The phantom shares are payable in cash, either in a lump sum or in annual installments, following the termination of Bellinger's service as a director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom shares become payable, in cash only, at the election of the reporting person (1) in a lump sum payable no later than 60 days following the termination of the reporting person's service as a Director, or (2) in annual installments for a period of 'x' years (not to exceed 10).

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies like Helmerich & Payne.

Key Dates