Scruggs Todd N. has reported a transaction involving 481 shares of Helmerich & Payne, Inc. on October 15, 2026. This filing, submitted on October 19, 2026, is significant as it showcases the ongoing investment activities of the company's Senior Vice President and Chief Financial Officer.
Helmerich & Payne, Inc. operates in the drilling oil and gas wells sector, specifically classified under the SIC code 1381. The company is known for its expertise in drilling services and has been a key player in the energy sector. The recent filing reflects Scruggs’ continued confidence in the company’s performance and prospects.
According to the filing, Scruggs acquired 481 shares at a price of $37.68 per share, bringing his total ownership to 39,500 shares. This transaction is categorized as a disposition of shares, indicating a strategic move by the executive. The filing states, "Transaction Code: D" which denotes that the shares were disposed of.
This update may affect stakeholders, including investors and employees, as it reflects the confidence of company leadership in Helmerich & Payne's future. The filing does not specify what the next steps will be following this transaction.
Details of the Transaction
The transaction reported by Scruggs Todd N. involved the disposition of 481 shares of Helmerich & Payne, Inc. common stock. The transaction was executed on October 15, 2026, at a price of $37.68 per share, as indicated in the filing. Following this transaction, Scruggs holds a total of 39,500 shares of the company.
Company Overview
Helmerich & Payne, Inc. is incorporated in Delaware and is primarily engaged in drilling oil and gas wells, classified under the SIC code 1381. The company is headquartered at 222 N. Detroit Ave., Tulsa, OK, and has been recognized for its operational expertise in the energy sector. The fiscal year for Helmerich & Payne ends on September 30.
Reporting Owner Information
Scruggs Todd N. serves as the Senior Vice President and Chief Financial Officer of Helmerich & Payne, Inc. The filing indicates that he is not a director or a ten percent owner of the company, but holds an officer position, which reflects his significant role in the company's financial management.
Signature and Filing Details
The filing was submitted by Karsten K. Irwin, acting by power of attorney for Todd N. Scruggs, on October 19, 2026. This formal signature process is a common practice for executives managing their disclosures.
"Transaction Code: D" indicates that the shares were disposed of, reflecting a strategic decision by the executive.
Missing Information
The filing does not include any specific reasons for the disposition of shares or any future plans regarding Scruggs' ownership in Helmerich & Payne, Inc. Furthermore, there is no information regarding whether this transaction is part of a larger strategy or personal financial planning.