Brent Alexander Arriaga - 01 Jan 2026 Form 4 Insider Report for HELIX ENERGY SOLUTIONS GROUP INC (HLX)

Role
VP and CAO
Signature
/s/ Ken Neikirk by power of attorney
Issuer symbol
HLX
Transactions as of
01 Jan 2026
Net transactions value
-$47,509
Form type
4
Filing time
05 Jan 2026, 17:06:50 UTC
Previous filing
25 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Arriaga Brent Alexander VP and CAO 3505 WEST SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON /s/ Ken Neikirk by power of attorney 05 Jan 2026 0001848500

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLX Common Stock Options Exercise +4,053 +33% 16,457 01 Jan 2026 Direct F1, F2
transaction HLX Common Stock Tax liability $11,349 -1,810 -11% $6.27 14,647 01 Jan 2026 Direct F2, F3
transaction HLX Common Stock Options Exercise +7,153 +49% 21,800 01 Jan 2026 Direct F2, F4
transaction HLX Common Stock Tax liability $20,026 -3,194 -15% $6.27 18,606 01 Jan 2026 Direct F2, F5
transaction HLX Common Stock Options Exercise +5,646 +30% 24,252 03 Jan 2026 Direct F2, F6
transaction HLX Common Stock Tax liability $16,134 -2,521 -10% $6.40 21,731 03 Jan 2026 Direct F2, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLX Restricted Stock Units Options Exercise $0 -4,053 -50% $0.000000 4,054 01 Jan 2026 Common Stock 4,053 Direct F1, F8
transaction HLX Restricted Stock Units Options Exercise $0 -7,153 -33% $0.000000 14,306 01 Jan 2026 Common Stock 7,153 Direct F4, F9
transaction HLX Restricted Stock Units Award $0 +31,898 $0.000000 31,898 01 Jan 2026 Common Stock 31,898 Direct F10, F11
transaction HLX Restricted Stock Units Options Exercise $0 -5,646 -100% $0.000000 0 03 Jan 2026 Common Stock 5,646 Direct F6, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("2024 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2024 RSUs on January 1, 2025, forfeiture restrictions with respect to an additional one-third of the grant lapsed on January 1, 2026 and forfeiture restrictions with respect to the last one-third of the grant are scheduled to lapse on January 1, 2027.
F2 Includes shares acquired under the Company's Employee Stock Purchase Plan.
F3 These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2024 RSUs.
F4 Each Restricted Stock Unit ("2025 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2025 RSUs on January 1, 2026, forfeiture restrictions with respect to an additional one-third of the grant are scheduled to lapse on January 1, 2027 and forfeiture restrictions with respect to the last one-third of the grant are scheduled to lapse on January 1, 2028.
F5 These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2025 RSUs.
F6 Each Restricted Stock Unit ("2023 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2023 RSUs on January 3, 2024, forfeiture restrictions with respect to an additional one-third of the grant lapsed on January 3, 2025 and forfeiture restrictions with respect to the last one-third of the grant lapsed on January 3, 2026.
F7 These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2023 RSUs.
F8 Upon lapse of the forfeiture restrictions of the 2024 RSUs.
F9 Upon lapse of the forfeiture restrictions of the 2025 RSUs.
F10 This Restricted Stock Unit ("2026 RSU") award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2024, the "LTIP") and each 2026 RSU represents the contingent right to receive one share of Company common stock. Forfeiture restrictions are scheduled to lapse with respect to the 2026 RSUs granted on the basis of one-third of the grant on January 1, 2027, an additional one-third of the grant on January 1, 2028 and the remaining one-third of the grant on January 1, 2029. Upon each 2026 RSU vesting, the Compensation Committee of the Company's Board of Directors has the option to pay the value in cash at its discretion.
F11 Upon lapse of the forfeiture restrictions of the 2026 RSUs.
F12 Upon lapse of the forfeiture restrictions of the 2023 RSUs.