secwatch.observer — SEC 8-K summary
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Issuer:     HELIX ENERGY SOLUTIONS GROUP INC (HLX)
CIK:        0000866829
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0000866829-23-000032
Event type: regulatory
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helix Energy adopts mandatory clawback policy for incentive compensation
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- Board adopted Mandatory Recoupment Policy on September 18, 2023, effective immediately.
- Policy requires recovery of erroneously awarded incentive-based compensation from Section 16 officers after a financial restatement.
- Lookback period covers three completed fiscal years prior to the restatement date.
- Supersedes prior Incentive Award Recoupment Policy adopted December 2019.
- Company cannot indemnify or insure any officer against recouped amounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866829/000086682923000032/0000866829-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866829/000086682923000032/hlx-20230920x8k.htm
  HTML page:      https://secwatch.observer/filing/0000866829-23-000032

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