Sparks Scott Andrew, EVP and COO, has demonstrated a consistent selling bias in his transactions involving Helix Energy Solutions Group (HLX), with no recorded purchases across 30 reported trades. Since 2024, his sales have totaled over $5.1 million, with notable dispositions including a $275,160 sale on November 3, 2025, and a $690,584 transaction on February 27, 2025. The pattern suggests a recurring reduction in holdings, often following derivative transactions marked as dispositions ("D")—such as the $615,116 and $310,830 transactions in early January 2024—or exercises of derivative securities ("F"), like the $871,651 transaction on March 6, 2024.
Recent filings indicate continued divestment, with two sales in 2026—though their values were not disclosed—alongside multiple derivative-related adjustments marked as acquisitions ("A") or dispositions ("D") with no reported monetary impact. The absence of any buy activity, coupled with the frequency of sales and derivative dispositions, points to a sustained unwinding of Sparks’s position in HLX. The transactions, particularly the high-value sales in 2024 and 2025, reflect a clear directional trend toward reducing exposure to the energy services company.
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