HP.NYSEHelmerich & Payne, INC

4/A: Helmerich & Payne Executive Amends Stock Filing

Sentiment:

Insider Transaction Amendment

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Helmerich & Payne's SVP, Corporate Services & CLO, Cara M. Hair, filed an amended Form 4 to correct the number of shares withheld for tax purposes on January 16, 2025.

Summary

  • An amendment to a previously filed Form 4 was submitted to correct a clerical error.
  • The amendment pertains to the number of shares withheld by Cara M. Hair, SVP, Corporate Services & CLO, for tax liability.
  • The original Form 4, filed on January 21, 2025, mistakenly reported 8,243 shares withheld.
  • The corrected number of shares withheld on January 16, 2025, is 8,543.
  • The shares were withheld at a price of $36.7 per share.
  • Following this transaction, Cara M. Hair beneficially owns 166,554 shares of Helmerich & Payne, Inc. Common Stock.

Sentiment

Score: 5

Explanation: The filing is an amendment to correct a clerical error in the number of shares withheld for tax purposes, which is a neutral event with no material impact on the company's operations or financial standing.

Stakeholder Impact

  • Minimal impact on shareholders as this is a correction of an insider transaction for tax purposes, not indicative of operational or financial performance.

Key Dates

DateDescription
01/16/2025Date of the transaction where shares were withheld for tax purposes.
01/21/2025Date the original Form 4 was filed.
10/15/2025Date the amendment was signed by Power of Attorney for Cara M. Hair.

Keywords

Helmerich & Payne, HP, Form 4/A, Insider Transaction, Stock Withholding, Cara M. Hair, SEC Filing, Common Stock

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