Robillard Donald F JR 4

What Happened

Donald F. Robillard Jr., a director of Helmerich & Payne, received a grant of 5,273 phantom shares (derivative award) on March 5, 2026. The award is reported at $0.00 per share (derivative grant), so no cash was paid at grant. This is an award under the company's director deferred compensation plan, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-06 (timely filing).
• Transaction type/code: Award/Grant (A); 5,273 phantom shares acquired at $0.00 (derivative).
• Reported value: $0 (derivative award reported as $0.00 per share).
• Shares owned after transaction: Not specified in the provided details on common stock holdings.
• Footnotes:
  • F1: Phantom shares are part of the Helmerich & Payne Director Deferred Compensation Plan.
  • F2: Noted 1-for-1 (each phantom share corresponds on a 1-for-1 basis).
  • F3: Phantom shares are cash‑settled and become payable in cash only, at the director's election either in a lump sum (no later than 60 days after termination of service) or in annual installments for up to 10 years.

Context

This was a non‑market, compensation‑related grant of phantom (cash‑settled) shares for director compensation. Phantom shares do not represent immediate common‑stock ownership and are payable in cash per the plan terms, so this transaction does not necessarily signal a buy or sell sentiment in the market.