Form 4: Helmerich & Payne Director Randy A. Foutch Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Randy A. Foutch reports acquisition of 7,177 phantom stock units related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
Summary
- Randy A. Foutch, a director of Helmerich & Payne, Inc., filed a Form 4 on March 7, 2025, reporting a transaction on March 6, 2025.
- The transaction involved the acquisition of 7,177 phantom stock units related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
- Following the transaction, Foutch beneficially owns 55,018 phantom stock units.
- The phantom stock is payable in cash upon termination of service as a director, either in a lump sum or in annual installments over a period not exceeding 10 years.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director compensation, and it doesn't inherently convey positive or negative sentiment.
Future Outlook
The phantom stock becomes payable in cash upon the director's termination of service, with payment options including a lump sum or annual installments.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, and it doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Acquisition of phantom stock. |
| 03/07/2025 | Date of Form 4 filing. |
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