Core Laboratories officer converts 250 restricted shares
The restricted-share awards vest annually over six years, subject to continued service on each vesting date.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Core Laboratories Inc. (CLB) reported that its CAO & Treasurer, Sow Hang Teo, disposed of 250 restricted shares in an exercise/conversion and acquired 250 common shares on October 1, 2026. He also reported 99 common shares delivered or withheld for payment of exercise price or tax liability; the reported price was $9.76 per share. After the derivative transaction, 6,000 restricted shares were reported, including multiple grants. The awards vest annually over six years, subject to continuous service on each vesting date. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares F1, F2 | 250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 99 | $9.76 | $966.24 |
| Exercise | Common Stock | 250 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Restricted Shares vest annually over six years on the anniversary of the grant date in the amount specified in the award agreement, provided the reporting person remains in continuous service on each such vesting date.
- F2. Multiple restricted share grants are included in this total.
Key Figures
Key Terms
derivative security financial
exercise price or tax liability financial
FAQ
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