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

Director Donald F. Robillard Jr. reports acquisition of 7,177 phantom shares related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.

Summary

• On March 6, 2025, Donald F. Robillard Jr., a director of Helmerich & Payne, Inc., reported the acquisition of 7,177 phantom shares of common stock.
• These phantom shares are related to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
• The reporting person now beneficially owns 51,431 phantom shares.
• The phantom stock becomes payable in cash only, either in a lump sum or in annual installments, following the termination of the reporting person's service as a Director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding stock ownership, with no inherent 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 Form 4 filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies like Helmerich & Payne.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors as it relates to director compensation.

Key Dates