Form 4: Helmerich & Payne Director Donald F. Robillard JR Reports Phantom Stock Acquisition
SEC Form 4 Filing
Director Donald F. Robillard JR reports acquisition of 4,675 phantom shares related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan on February 28, 2024.
Summary
- On February 28, 2024, Donald F. Robillard JR, a director of Helmerich & Payne, Inc. [HP], acquired 4,675 phantom shares related to the company's Director Deferred Compensation Plan.
- These phantom shares are payable in cash upon the director's termination of service, either as a lump sum or in annual installments over a period not exceeding 10 years.
- Following this transaction, Robillard directly owns 42,510 derivative securities.
- The report was filed on March 1, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a director's compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of phantom stock transaction |
| 03/01/2024 | Date of Form 4 filing |
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