Core Laboratories (NYSE: CLB) CFO reports performance share vesting
Rhea-AI Filing Summary
Core Laboratories Inc. reported an insider equity transaction by its SVP & CFO. On December 31, 2025, the officer acquired 61,417 shares of common stock at an exercise price of $0 through the vesting of performance-based restricted shares. On the same date, 32,152 shares were disposed of at $16.03 per share, typically reflecting shares withheld to cover taxes associated with the vesting.
The filing shows the officer directly beneficially owning 142,354 shares of Core Laboratories common stock following these transactions. The performance shares were originally granted in February 2023. The company finished in the 68th percentile of return on invested capital relative to its Bloomberg Peer Group for the performance period ending December 31, 2025, leading to vesting at 116.5% of the target award level.
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FAQ
What insider transaction did Core Laboratories (CLB) report in this Form 4?
The SVP & CFO of Core Laboratories Inc. reported the vesting of 61,417 performance-based restricted shares into common stock on December 31, 2025, along with the disposition of 32,152 shares, generally consistent with tax withholding on the vested shares.
How many Core Laboratories (CLB) shares does the SVP & CFO own after this transaction?
After the reported transactions, the SVP & CFO directly beneficially owns 142,354 shares of Core Laboratories common stock.
What were the terms of the performance share award for the Core Laboratories (CLB) CFO?
The 61,417 shares that vested on December 31, 2025 were granted as restricted performance shares in February 2023, with vesting tied to Core Laboratories’ return on invested capital versus a Bloomberg Peer Group.
How did Core Laboratories (CLB) perform against its peer group for this performance share vesting?
Core Laboratories finished in the 68th percentile of return on invested capital among the Bloomberg Peer Group for the performance period ending December 31, 2025, leading to vesting above target.
At what level did the Core Laboratories (CLB) performance shares vest relative to the target award?
The performance criteria were satisfied at 116.5% of the target award level, resulting in the vesting of 61,417 shares for the SVP & CFO on December 31, 2025.
What prices were reported for the Core Laboratories (CLB) insider transactions?
The Form 4 shows 32,152 shares of common stock disposed of at $16.03 per share and 61,417 shares acquired at an exercise price of $0 in connection with the performance share vesting.