Core Laboratories (CLB) director gains restricted stock and 8,069 shares vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Laboratories director Katherine Murray reported equity compensation activity. She received a grant of 7,895 Restricted Shares that will vest after a one-year period ending on April 1, 2027, subject to issuance terms and an elective deferral. Separately, 8,069 Restricted Shares completed a prior one-year vesting period and converted into 8,069 shares of Common Stock at no cost, bringing her directly held Common Stock to 29,290 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,069 shares exercised/converted
Mixed
3 txns
Insider
Murray Katherine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Shares | 7,895 | $0.00 | -- |
| Exercise | Restricted Shares | 8,069 | $0.00 | -- |
| Exercise | Common Stock | 8,069 | $0.00 | -- |
Holdings After Transaction:
Restricted Shares — 7,895 shares (Direct);
Common Stock — 29,290 shares (Direct)
Footnotes (1)
- The Restricted Shares will vest, without performance criteria, at the end of a one-year vesting period on April 1, 2027, subject to the terms of issuance. Such shares remain subject to a deferral election by the Reporting Person in accordance with Treasury Regulation 1.409A-2, and the vested portion thereof will be distributed as shares of common stock following the Reporting Person's separation of service from the Board. The Restricted Shares vested at the end of a one-year vesting period ending April 1, 2026.
Key Figures
Restricted Shares granted: 7,895 shares
Restricted Shares vested: 8,069 shares
Exercise/Conversion price: $0.00 per share
+2 more
5 metrics
Restricted Shares granted
7,895 shares
New grant vesting after one-year period ending April 1, 2027
Restricted Shares vested
8,069 shares
Vested after one-year vesting period ending April 1, 2026
Exercise/Conversion price
$0.00 per share
Conversion of 8,069 Restricted Shares into Common Stock
Common Stock held after transactions
29,290 shares
Directly held by Katherine Murray following the April 1, 2026 activity
New Restricted Shares underlying security
7,895 Common Stock shares
Underlying security for newly granted Restricted Shares
Key Terms
Restricted Shares, vesting period, deferral election, Treasury Regulation 1.409A-2
4 terms
vesting period financial
"The Restricted Shares will vest, without performance criteria, at the end of a one-year vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
deferral election financial
"Such shares remain subject to a deferral election by the Reporting Person in accordance with Treasury Regulation 1.409A-2"
Treasury Regulation 1.409A-2 regulatory
"Such shares remain subject to a deferral election by the Reporting Person in accordance with Treasury Regulation 1.409A-2"
FAQ
What insider transactions did Core Laboratories (CLB) director Katherine Murray report?
Katherine Murray reported routine equity compensation activity. She received 7,895 Restricted Shares and had 8,069 previously granted Restricted Shares vest and convert into Common Stock at no cost, increasing her directly held Common Stock position to 29,290 shares.