Helios Technologies (HLIO) director awarded 647 restricted stock units as equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chenanda Cary reported acquisition or exercise transactions in this Form 4 filing.
Helios Technologies director Chenanda Cary received a grant of 647 Restricted Stock Units (RSUs). The award was made as a compensation-related grant and is reflected as a derivative position. Each RSU represents the right to receive one share of Helios Technologies common stock after the units vest, at which point the shares do not expire.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chenanda Cary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 647 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 647 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Helios Technologies (HLIO) disclose for Chenanda Cary?
Helios Technologies disclosed that director Chenanda Cary received a grant of 647 Restricted Stock Units. These RSUs are a form of equity compensation and will convert into an equal number of common shares once vesting conditions are satisfied.
How many Helios Technologies (HLIO) RSUs were granted to Chenanda Cary?
Chenanda Cary was granted 647 Restricted Stock Units. Each unit represents a contingent right to receive one share of Helios Technologies common stock after vesting, increasing her potential equity ownership when those units convert into shares.
Is Chenanda Cary’s Helios Technologies (HLIO) RSU grant an open-market purchase?
No, the 647 Restricted Stock Units granted to Chenanda Cary are a compensation-related award, not an open-market share purchase. The RSUs will convert into common shares after vesting instead of being bought on the stock market.
What does each RSU granted to Chenanda Cary by Helios Technologies (HLIO) represent?
Each Restricted Stock Unit granted to Chenanda Cary represents the right to receive one share of Helios Technologies common stock after vesting. Once the RSUs vest and convert into shares, the resulting stock has no stated expiration date.