Hornbeck post-merger sets CEO comp: $875k salary, up to 1.5M PSUs

HELIX ENERGY SOLUTIONS GROUP INC

CEO Todd Hornbeck gets 5-yr deal: $875k base, 140% target bonus, $4.5M LTI, auto benefit.
PSU grant up to 1.5M shares: 500k on $75M synergies by 2029, up to 1M on $14-$20 stock price.
EVP agreements: $400k-$500k base, 100% target bonus, 5-yr terms; Giberga to May 2027.
2026 Inducement Plan reserves 1.5M shares, adopted without shareholder approval under NYSE Rule 303A.08.
Director comp: $100k retainer, $175k RSUs; special $325k grants to Transier and Jindal.

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