---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-383687"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2026-09-04T20:21:50+00:00"
generated_at: "2026-09-04T20:23:06.412746+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-383687
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2026-09-04T20:21:50+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000119312526383687/0001193125-26-383687-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000119312526383687/d117247d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-383687
- JSON: https://secwatch.observer/filing/0001193125-26-383687.json
- Plain text: https://secwatch.observer/filing/0001193125-26-383687.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.