Form 4: Helmerich & Payne Exec Sells Shares for Tax Obligation
Statement of Changes in Beneficial Ownership
Helmerich & Payne's SVP, Corporate Services & CLO, Cara M. Hair, reported the disposition of 3,223 common shares for tax liability at $29.88 per share.
Summary
- Cara M. Hair, Senior Vice President, Corporate Services & Chief Legal Officer of Helmerich & Payne, Inc., reported a transaction involving the company's common stock.
- On December 5, 2025, Ms. Hair disposed of 3,223 shares of common stock.
- The transaction was coded 'F', indicating payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security.
- The shares were disposed of at a price of $29.88 per share.
- Following this reported transaction, Ms. Hair beneficially owns 206,602 shares of common stock directly.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax liability by an executive, which is an expected event and does not indicate a significant change in company fundamentals or insider sentiment. Therefore, the sentiment is neutral.
Positives
- The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent disposition of shares.
Negatives
- The disposition of shares by an insider, even for tax purposes, represents a reduction in their direct holdings.
Industry Context
This filing is a routine insider transaction and does not provide specific insights into broader industry trends or competitive landscape. It reflects an individual executive's share management.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | The transaction was executed pursuant to a Rule 10b5-1(c) plan, demonstrating adherence to corporate governance best practices for insider trading. | 12/05/2025 | Enhances transparency and reduces the perception of opportunistic insider trading. |
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, tax-related transaction by an executive, not indicative of a change in company strategy or performance.
Key Dates
| Date | Description |
|---|---|
| 12/05/2025 | Date of transaction where 3,223 shares of common stock were disposed of. |
| 12/08/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
Helmerich & Payne, HP, Cara M. Hair, insider transaction, Form 4, stock sale, tax withholding, 10b5-1 plan, executive compensation
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