Carlos L. Macau, Executive Vice President, CFO and Treasurer of HEICO Corp, filed a Form 4 on October 28, 2026, reporting transactions in Class A Common Stock on October 26, 2026, including the exercise of stock options and a related tax-withholding disposition.

Key Highlights

  • Option exercise: Macau exercised 30,000 options (transaction code M) to acquire Class A Common Stock at an exercise price of $38.3744 per share on October 26, 2026.
  • Shares withheld for taxes: 14,402 shares of Class A Common Stock were disposed of (transaction code F) at $234.12 per share on the same date.
  • Direct beneficial ownership after transactions: Macau directly held 171,914 shares of Class A Common Stock following the reported transactions.
  • Remaining options: After the exercise, Macau retains 27,656 options with an exercise price of $38.3744 expiring March 17, 2027, plus additional option tranches totaling 162,500 shares across four other grants.
  • Indirect holdings: The filing also reports 2,000 shares held indirectly by sons, and 401(k) plan holdings of 2,050 shares of Common Stock and 2,074 shares of Class A Common Stock.
  • Performance-based options: One option grant covering 5,000 Common Stock shares reflects the first tranche vesting, according to the filing, upon Compensation Committee certification on May 27, 2026 that applicable performance conditions for the first measurement interval were achieved.

Macau's October 26 Transactions in HEICO Class A Common Stock

According to the Form 4 filed with the SEC on October 28, 2026, Carlos L. Macau, who serves as EVP, CFO and Treasurer of HEICO Corp (NYSE:HEI, HEI.A), reported two transactions in Class A Common Stock dated October 26, 2026. The first was an acquisition of 30,000 shares through the exercise of stock options at $38.3744 per share (transaction code M). The second was a disposition of 14,402 shares at $234.12 per share (transaction code F), which the filing records as shares disposed of in connection with the option exercise, a mechanism commonly used to satisfy tax-withholding obligations.

Following these transactions, the filing reports that Macau directly beneficially owned 171,914 shares of Class A Common Stock. In addition, 2,000 shares are held indirectly by sons, and the filing identifies 401(k) plan holdings of 2,050 shares of Common Stock and 2,074 shares of Class A Common Stock, based on a plan statement dated October 27, 2026, according to the filing's footnote.

The Form 4 also discloses that Macau holds multiple remaining option grants. The exercised tranche of 30,000 options carried an exercise price of $38.3744, with 27,656 options remaining after the exercise, expiring March 17, 2027. Additional outstanding options cover 62,500 shares at $56.24, 50,000 shares at $120.32, 25,000 shares at $129.79, 25,000 shares at $163.61, and 5,000 shares at $256.01. The filing notes that options are generally exercisable at 20% per year over five years from the date of grant. The 5,000-share grant at $256.01 reflects the first tranche of performance-based options originally granted March 14, 2025, which vested upon Compensation Committee certification on May 27, 2026.

What Was Disclosed

The filing disclosed Macau's exercise of 30,000 Class A stock options at $38.3744 per share and the disposal of 14,402 shares at $234.12, leaving him with direct ownership of 171,914 Class A shares, plus various indirect and option holdings as of October 26, 2026.