A director of Helmerich & Payne Inc., a contract driller of oil and gas wells, sold 20,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.
In a Form 4 filed with the SEC, W.H. Helmerich reported he sold the shares on Friday for $35.62 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Helmerich & Payne Inc. is based in Tulsa, Okla.
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