Director at Core Laboratories (NYSE: CLB) gains new share awards
Rhea-AI Filing Summary
Core Laboratories director Curt Anastasio reported routine equity compensation activity involving restricted shares and common stock. He received a grant of 7,895 Restricted Shares that will vest after a one-year vesting period ending on April 1, 2027, subject to the terms of issuance.
These Restricted Shares are subject to a deferral election under Treasury Regulation 1.409A-2, with vested shares to be distributed as common stock following his separation of service from the Board. He also exercised 8,069 Restricted Shares that had vested after a one-year vesting period ending April 1, 2026, receiving 8,069 shares of Common Stock and bringing his directly held common shares to 23,805. The filing shows acquisitions and exercises only, with no open-market buying or selling.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Shares | 7,895 | $0.00 | $0.00 |
| Exercise | Restricted Shares | 8,069 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,069 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Restricted Shares will vest, without performance criteria, at the end of a one-year vesting period on April 1, 2027, subject to the terms of issuance. Such shares remain subject to a deferral election by the Reporting Person in accordance with Treasury Regulation 1.409A-2, and the vested portion thereof will be distributed as shares of common stock following the Reporting Person's separation of service from the Board.
- F2. The Restricted Shares vested at the end of a one-year vesting period ending April 1, 2026.
Key Figures
Key Terms
vesting period financial
deferral election financial
Treasury Regulation 1.409A-2 financial
separation of service financial
FAQ
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