HELIOS TECHNOLOGIES, INC. Files Definitive Proxy Statement (DEF 14A)

Ticker: HLIO · Form: DEF 14A · Filed: Apr 25, 2024 · CIK: 1024795

Helios Technologies, INC. DEF 14A Filing Summary
FieldDetail
CompanyHelios Technologies, INC. (HLIO)
Form TypeDEF 14A
Filed DateApr 25, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$240.14, $19B, $500 million
Sentimentneutral

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Executive Compensation, Corporate Governance, HELIOS TECHNOLOGIES

TL;DR

<b>HELIOS TECHNOLOGIES, INC. has filed its Definitive Proxy Statement (DEF 14A) detailing executive compensation and corporate governance for the period ending June 6, 2024.</b>

AI Summary

HELIOS TECHNOLOGIES, INC. (HLIO) filed a Proxy Statement (DEF 14A) with the SEC on April 25, 2024. HELIOS TECHNOLOGIES, INC. filed a Definitive Proxy Statement (DEF 14A) on April 25, 2024. The filing covers the period ending June 6, 2024. The company's principal executive offices are located at 7456 Sixteenth Street East, Sarasota, FL 34243. HELIOS TECHNOLOGIES, INC. was formerly known as SUN HYDRAULICS CORP until April 23, 1997. The filing includes detailed information regarding executive compensation and equity awards for the fiscal years 2020, 2021, and 2022.

Why It Matters

For investors and stakeholders tracking HELIOS TECHNOLOGIES, INC., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding the company's executive compensation structure, including details on equity awards granted and vested over the past few fiscal years. Shareholders will use this information to make informed decisions when voting on matters presented at the upcoming annual meeting, particularly concerning executive pay and board nominations.

Risk Assessment

Risk Level: low — HELIOS TECHNOLOGIES, INC. shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for public companies and does not contain new material financial information or significant strategic shifts.

Analyst Insight

Review the executive compensation details and voting proposals to make informed decisions for the upcoming shareholder meeting.

Key Numbers

Key Players & Entities

FAQ

When did HELIOS TECHNOLOGIES, INC. file this DEF 14A?

HELIOS TECHNOLOGIES, INC. filed this Proxy Statement (DEF 14A) with the SEC on April 25, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by HELIOS TECHNOLOGIES, INC. (HLIO).

Where can I read the original DEF 14A filing from HELIOS TECHNOLOGIES, INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by HELIOS TECHNOLOGIES, INC..

What are the key takeaways from HELIOS TECHNOLOGIES, INC.'s DEF 14A?

HELIOS TECHNOLOGIES, INC. filed this DEF 14A on April 25, 2024. Key takeaways: HELIOS TECHNOLOGIES, INC. filed a Definitive Proxy Statement (DEF 14A) on April 25, 2024.. The filing covers the period ending June 6, 2024.. The company's principal executive offices are located at 7456 Sixteenth Street East, Sarasota, FL 34243..

Is HELIOS TECHNOLOGIES, INC. a risky investment based on this filing?

Based on this DEF 14A, HELIOS TECHNOLOGIES, INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, which is standard for public companies and does not contain new material financial information or significant strategic shifts.

What should investors do after reading HELIOS TECHNOLOGIES, INC.'s DEF 14A?

Review the executive compensation details and voting proposals to make informed decisions for the upcoming shareholder meeting. The overall sentiment from this filing is neutral.

How does HELIOS TECHNOLOGIES, INC. compare to its industry peers?

HELIOS TECHNOLOGIES, INC. operates in the miscellaneous fabricated metal products industry, specifically within the manufacturing sector.

Are there regulatory concerns for HELIOS TECHNOLOGIES, INC.?

As a publicly traded company, HELIOS TECHNOLOGIES, INC. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.

Industry Context

HELIOS TECHNOLOGIES, INC. operates in the miscellaneous fabricated metal products industry, specifically within the manufacturing sector.

Regulatory Implications

As a publicly traded company, HELIOS TECHNOLOGIES, INC. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.

What Investors Should Do

  1. Analyze the executive compensation packages detailed in the filing.
  2. Understand the proposals to be voted on at the shareholder meeting.
  3. Review the company's governance practices outlined in the proxy statement.

Key Dates

Year-Over-Year Comparison

This filing is a DEF 14A, which is a standard disclosure document for annual shareholder meetings and does not represent a change from previous filings of the same type.

Filing Stats: 4,544 words · 18 min read · ~15 pages · Grade level 13.8 · Accepted 2024-04-25 16:02:51

Key Financial Figures

Filing Documents

Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters 34

Executive Compensation

Executive Compensation 36 Compensation Discussion and Analysis 36 Executive Summary 36 Compensation Philosophy and Objectives 38 Shareholder Engagement and Say on Pay 38 Compensation Policies and Practices 40 Compensation Process and Approach 41 Components of Executive Compensation 42 Risks Arising from Compensation Policies and Practices 47 Employment Agreements and Change-in-Control Provisions 49 Compensation Committee Report 51 Summary Compensation Table 52 Grants of Plan-Based Awards 54 Outstanding Equity Awards at Fiscal Year-End 55 Option Exercises and Stock Vested 56 Pension Benefits 56 2024 Proxy Statement | i Table of Contents Table of Contents Page Nonqualified Deferred Compensation 56 Potential Payments Upon Termination or Change of Control 56 CEO to Median Employee Pay Ratio 58 Pay vs. Performance 59 Director Compensation 62 Equity Compensation Plan Information 63 Proposal 2 — Ratification of the Appointment of Independent Registered Public Accounting Firm 64 Proposal 3 — Advisory Vote to Approve Named Executive Officer Compensation 65 Other Business 66 Requirements, Including Deadlines, for Submission of Proxy Proposals and Nomination of Directors by Shareholders for the 2025 Proxy Statement and Presentation at the 2025 Annual Meeting 67 ii | 2024 Proxy Statement Table of Contents HELIOS TECHNOLOGIES, INC. 7456 16 th Street East Sarasota, Florida 34243 PROXY STATEMENT This proxy overview is a summary of information that you will find throughout this proxy statement. As this is only an overview, we encourage you to read the entire proxy statement, which was first distributed to our shareholders on or about April 25, 2024. 2024 ANNUAL MEETING OF SHAREHOLDERS Time and Date: Thursday, June 6, 2024, at 9:00 a.m. Eastern Daylight Time Place: The Liberty Hotel, 215 Charles St., Boston, MA 02114 Record Date: April 9, 2024 Voting: Shareholde

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