Helix-Hornbeck deal grants Todd Hornbeck performance equity award for up to 1.5 million shares

HOS•2026-09-04

Vesting conditions for the two tranches

A 500,000-share tranche depends on achieving target annualized gross synergies.
Up to 1 million shares depend on meeting specified share-price targets.
Vesting also requires continued service.

Performance equity award tied to merger milestones

Hornbeck Offshore Services, in connection with its previously announced merger with Helix Energy Solutions Group Inc., granted Todd M. Hornbeck a performance-based equity award covering up to 1.5 million shares under its 2026 Omnibus Inducement Incentive Plan.

The award is split into two tranches that can vest by year-end 2029:

Sources

Helix-Hornbeck deal grants Todd Hornbeck performance equity award for up to 1.5 million shares

Sec

Helix-Hornbeck deal grants Todd Hornbeck performance equity award for up to 1.5 million shares

Vesting conditions for the two tranches

Performance equity award tied to merger milestones

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Sources

Helix-Hornbeck deal grants Todd Hornbeck performance equity award for up to 1.5 million shares

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