Boardroom Alpha
Meeting calendar
HLX · Annual meeting · Wednesday, May 13, 2026

Helix Energy Solutions Group Inc

3 nominees · 3 ballot items.

Election of three Class III directors; Ratification of KPMG LLP as independent auditors; Advisory (non-binding) approval of 2025 executive compensation.

Market cap
$1.4B
1Y TSR
+40.0%
Board grade
C
Record date
Mar 17, 2026
Filing
DEF 14A
Meeting concluded · May 13, 2026

Follow how the vote landed and what changed on Helix Energy Solutions Group Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of Three Class III Directors

    ManagementBoard: FOR

    Elect three Class III directors (Paula Harris, Amy H. Nelson, William L. Transier) to serve three-year terms expiring in 2029.

  2. 2

    Ratification of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify selection of KPMG LLP as Helix’s independent registered public accounting firm for fiscal year ending December 31, 2026.

  3. 3

    Advisory Vote on the Approval of the 2025 Compensation of Our Named Executive Officers (Say on Pay

    ManagementBoard: FOR

    Advisory (non-binding) shareholder vote to approve the 2025 compensation of named executive officers.

    More detail

    This advisory proposal asks shareholders to approve Helix’s 2025 executive compensation as disclosed in the CD&A and related tables. Management designed 2025 compensation to align executives with shareholders via a mix of base salary, short-term incentives tied primarily to Adjusted EBITDA with sustainability KPIs, and long-term incentives split between time-vesting RSUs and performance-based PSUs measured on relative TSR and cumulative Free Cash Flow. The Compensation Committee recommends approval, citing competitive benchmarking, retention/attraction needs, pay-for-performance design, and prior high Say-on-Pay support (93% in 2025 for 2024 compensation). A FOR vote is non-binding but will be considered in future decisions; the company notes discretion retained by the Compensation Committee for payouts and acknowledges that certain payments may not be tax-deductible. The proposal’s primary governance significance is to provide shareholder feedback on pay alignment and program design; given Helix’s performance metrics, payout outcomes, and investor engagement, management frames the program as appropriately calibrated to Long-term shareholder value creation.

Director elections

Nominees on the ballot3

Independent
Tenure on this board
7.0 yrs
Also a director at
Patterson Uti Energy Inc (PTEN)
Ownership

Top institutional holders10

Latest 13F quarter
1BlackRock, Inc.10.2%14,963,829$148M
2DIMENSIONAL FUND ADVISORS LP5.8%8,577,782$85M
3STATE STREET CORP4.6%6,709,503$66M
4VANGUARD PORTFOLIO MANAGEMENT LLC4.2%6,234,761$62M
5VANGUARD CAPITAL MANAGEMENT LLC4.1%6,044,695$60M
6Invesco Ltd.3.6%5,339,154$53M
7AMERICAN CENTURY COMPANIES INC3.5%5,197,560$51M
8BlackRock, Inc.3.2%4,746,570$47M
9PRINCIPAL FINANCIAL GROUP INC3.1%4,588,666$45M
10BNP Paribas Asset Management Holding S.A.2.0%3,015,084$30M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Helix Energy Solutions Group Inc 2026 annual meeting?
Helix Energy Solutions Group Inc (HLX) holds its 2026 annual shareholder meeting on Wednesday, May 13, 2026.
What is the record date for the Helix Energy Solutions Group Inc 2026 meeting?
The record date for the Helix Energy Solutions Group Inc 2026 meeting is Tuesday, March 17, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Helix Energy Solutions Group Inc's 2026 meeting?
The board is presenting 3 director nominees at the Helix Energy Solutions Group Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Helix Energy Solutions Group Inc 2026 meeting?
Shareholders will vote on 3 proposals at the Helix Energy Solutions Group Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer