Core Laboratories director awarded 7,895 restricted shares
Core Laboratories director Temeng Kwaku reported equity compensation and an option-style exercise.
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Rhea-AI Filing Summary
Core Laboratories director Temeng Kwaku reported equity compensation and an option-style exercise. On April 1, 2026, he received a grant of 7,895 Restricted Shares that will vest after a one-year period ending on April 1, 2027, subject to the terms of issuance and a deferral election under Treasury Regulation 1.409A-2.
The filing also shows 8,069 Restricted Shares vested after a one-year period ending April 1, 2026 and were exercised into 8,069 shares of Common Stock at no cash exercise price. Following these transactions, Kwaku directly holds 33,597 shares of Core Laboratories Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Shares | 7,895 | $0.00 | $0.00 |
| Exercise | Restricted Shares | 8,069 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,069 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The Restricted Shares vested at the end of a one-year vesting period ending April 1, 2026.
Key Figures
Key Terms
vesting period financial
Treasury Regulation 1.409A-2 financial
separation of service financial
derivative security financial
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What insider transactions did Core Laboratories (CLB) director Temeng Kwaku report?
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