Form 4: Helmerich & Payne Executive Adams Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Raymond John Adams III, SVP of Sales, Marketing & Digital at Helmerich & Payne, reports acquisition of stock and disposition for tax withholding.
Summary
- On January 16, 2025, Raymond John Adams III, SVP of Sales, Marketing & Digital at Helmerich & Payne, acquired 13,972 shares of common stock.
- These shares were related to restricted stock units that vested under previously awarded performance share units.
- Also on January 16, 2025, Adams disposed of 6,014 shares of common stock at a price of $36.70 for tax withholding purposes.
- Following these transactions, Adams directly owns 101,260 shares of Helmerich & Payne common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Helmerich & Payne.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of stock acquisition and disposition for tax withholding. |
| 01/21/2025 | Date of signature on the report. |
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