Core Laboratories (NYSE: CLB) SVP reports vested performance share award
Rhea-AI Filing Summary
Core Laboratories Inc. reported an insider equity transaction by its Senior Vice President, General Counsel & Secretary on December 31, 2025. A previously granted performance-based restricted share award vested at 116.5% of the target level, resulting in the delivery of 24,952 shares of common stock after the company finished in the 68th percentile for return on invested capital versus its Bloomberg Peer Group for the performance period ending December 31, 2025.
On the same date, 14,310 shares of common stock at a price of $16.03 were withheld or disposed of in a transaction coded "F", typically associated with tax withholding, and the reporting person’s directly held common stock position increased to 41,670.621 shares, with additional small indirect holdings through a custodial account and a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 24,952 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 14,310 | $16.03 | $229K |
| Exercise | Common Stock | 24,952 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. These shares were awarded as restricted performance shares in February 2023, as disclosed in the Reporting Person's Form 4 filing on February 21, 2023. The Company finished in the 68th percentile of return on invested capital among the Bloomberg Peer Group at the conclusion of the performance period on December 31, 2025. Therefore, the performance criteria and requirements for vesting have been satisfied at 116.5% of the target award level, and such number of shares vested on December 31, 2025.
FAQ
What insider transaction did Core Laboratories (CLB) report in this Form 4?
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