Core Laboratories (NYSE: CLB) SVP performance share award vests at 116.5%
Rhea-AI Filing Summary
Core Laboratories Inc. reported an equity transaction by a senior vice president involving vested performance-based stock awards. On December 31, 2025, 24,952 performance shares with a stated exercise price of $0 were converted into common stock, reflecting the vesting of a February 2023 restricted performance share grant. The company finished in the 68th percentile for return on invested capital within the Bloomberg Peer Group, so the award vested at 116.5% of the target level. On the same date, 19,301 common shares were disposed of in a transaction coded “F” at $16.03 per share, typically indicating shares withheld or sold to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,651 shares
Net Buy
3 txns
Insider
Gresham Gwendolyn
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 24,952 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 19,301 | $16.03 | $309K |
| Exercise | Common Stock | 24,952 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Shares — 0 shares (Direct);
Common Stock — 52,527 shares (Direct)
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.
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