Core Laboratories (CLB) officer reports restricted stock vesting and 340-share sale
Rhea-AI Filing Summary
Core Laboratories Inc. CAO & Treasurer reported equity transactions in company stock dated 12/01/2025. The officer had 864 restricted shares convert into common stock at a price of $0, increasing directly held common shares to 8,765.334.
To cover obligations associated with this vesting, 340 common shares were disposed of at $15.39 per share, leaving the officer with 8,425.334 shares before the conversion and 8,765.334 afterward. The filing also shows 6,690 restricted shares remaining, from multiple grants that vest annually over six years as long as the officer continues in service.
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FAQ
What insider transaction did Core Laboratories (CLB) report for its CAO & Treasurer?
The CAO & Treasurer of Core Laboratories Inc. (CLB) reported a vesting and conversion of 864 restricted shares into common stock on 12/01/2025, along with related share disposals.
How many Core Laboratories shares did the officer acquire and at what price?
The officer acquired 864 shares of common stock from restricted shares at a price of $0 per share, reflecting the vesting of equity awards rather than an open-market purchase.
How many Core Laboratories shares were disposed of in this transaction?
The officer disposed of 340 shares of Core Laboratories common stock at a price of $15.39 per share in connection with the reported transaction.
What is the officer’s Core Laboratories common stock holding after the reported transactions?
Following the reported transactions, the officer directly holds 8,765.334 shares of Core Laboratories common stock.
How many restricted shares of Core Laboratories does the officer still hold?
After the vesting event, the officer beneficially owns 6,690 restricted shares of Core Laboratories, representing multiple restricted share grants.
How do the Core Laboratories restricted shares vest for this officer?
The restricted shares vest annually over six years on the grant date anniversary, in amounts set in the award agreement, as long as the officer remains in continuous service on each vesting date.