Core Laboratories (NYSE: CLB) CAO exercises 440 shares, disposes 198 for obligations
Rhea-AI Filing Summary
Core Laboratories CAO & Treasurer Teo Sow Hang exercised 440 Restricted Shares into Common Stock on August 1, 2026, and disposed of 198 Common shares at $10.64 per share to pay the exercise price or tax liability. The Restricted Shares vest annually over six years and reflect multiple grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 242 shares
Net Buy
6 txns
Insider
Teo Sow Hang
Role
CAO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares F1, F2 | 240 | $0.00 | $0.00 |
| Exercise | Restricted Shares F1, F2 | 200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 108 | $10.64 | $1K |
| Exercise | Common Stock | 240 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 90 | $10.64 | $957.60 |
| Exercise | Common Stock | 200 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Shares — 12,740 shares (Direct);
Common Stock — 8,625.334 shares (Direct)
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
Restricted shares exercised: 440 shares
Shares disposed for exercise price or tax liability: 198 shares
Disposition price: $10.64 per share
+2 more
5 metrics
Restricted shares exercised
440 shares
Total underlying shares from derivative exercises on 2026-08-01
Shares disposed for exercise price or tax liability
198 shares
Total Common Stock in code F dispositions on 2026-08-01
Disposition price
$10.64 per share
Per-share price for Common Stock transactions coded F
Derivative exercise transactions
2
Number of Restricted Share exercises reported with code M
Exercise price or tax liability transactions
2
Number of Common Stock dispositions reported with code F
Key Terms
Restricted Shares, vest annually, derivative security, tax liability
4 terms
vest annually financial
"The Restricted Shares vest annually over six years on the anniversary"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CLB executive Teo Sow Hang report for August 1, 2026?
Teo Sow Hang reported exercising 440 Restricted Shares into Common Stock and disposing of 198 Common shares at $10.64 per share to pay the exercise price or tax liability. All transactions occurred on August 1, 2026, and relate to prior restricted share awards.
Were Teo Sow Hang’s CLB transactions made under a Rule 10b5-1 trading plan?
The filing indicates the transactions were not made under a Rule 10b5-1 trading plan, as the related checkbox is not affirmed. No footnote states that a pre-arranged trading arrangement applied to these August 1, 2026 equity transactions.
What was the net buy or sell effect of the August 1, 2026 CLB insider trades?
The transaction summary reports net buy/sell shares of 0, indicating no net common share purchase or sale. Activity combined 440 shares acquired through exercises with 198 shares disposed for exercise price or tax liability, yielding a neutral buy/sell outcome overall.