Form 4: Helmerich & Payne EVP Bell Reports Stock Transactions

John R. Bell, EVP of Helmerich & Payne, reported the vesting of restricted stock units and a related tax withholding sale of common stock.

Summary

• John R. Bell, Executive Vice President, Eastern Hemisphere Land for Helmerich & Payne, Inc. (HP), reported transactions involving common stock.
• On January 12, 2026, Mr. Bell acquired 2,562 shares of common stock at a price of $0 per share, representing restricted stock units (RSUs) that vested under previously awarded performance share units.
• On the same date, Mr. Bell disposed of 874 shares of common stock at a price of $30.58 per share, likely for tax withholding purposes related to the RSU vesting.
• Following these transactions, Mr. Bell directly beneficially owns 255,226 shares of common stock.
• Additionally, Mr. Bell indirectly beneficially owns 1,756 shares of common stock through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The vesting of RSUs indicates performance targets were met, which is a positive for executive compensation and potentially company performance. The associated tax sale is a routine, non-discretionary event.

Positives

• The vesting of 2,562 restricted stock units indicates that performance targets set by the Human Resources Committee were met, reflecting positively on the company's executive compensation structure and potentially on company performance.

Negatives

• The disposition of 874 shares at $30.58 is a routine transaction for tax withholding upon RSU vesting and is not indicative of a negative outlook or insider selling.

Future Outlook

This Form 4 filing is a disclosure of past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Routine insider transaction filings like this Form 4 are common across all publicly traded companies, reflecting executive compensation practices and compliance with SEC regulations. The vesting of RSUs is a standard component of executive incentive plans in the energy services industry.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and stock ownership, confirming that performance-based equity awards are vesting.
• Employees: Reinforces the company's executive compensation structure and its link to performance metrics.

Key Dates

Keywords

Helmerich & Payne, HP, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Common Stock