Core Laboratories (NYSE: CLB) director gets 7,895 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,069 shares exercised/converted
Mixed
3 txns
Insider
Temeng Kwaku
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 — 33,597 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 exercised: 8,069 shares
Common Stock holdings after transactions: 33,597 shares
+1 more
4 metrics
Restricted Shares granted
7,895 shares
Award of Restricted Shares vesting April 1, 2027
Restricted Shares exercised
8,069 shares
Vested after one-year period ending April 1, 2026
Common Stock holdings after transactions
33,597 shares
Direct ownership following April 1, 2026 transactions
Exercise price per share
$0.00 per share
Conversion of 8,069 Restricted Shares to Common Stock
Key Terms
Restricted Shares, vesting period, Treasury Regulation 1.409A-2, separation of service, +1 more
5 terms
vesting period financial
"The Restricted Shares will vest, without performance criteria, at the end of a one-year vesting period on April 1, 2027"
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.
Treasury Regulation 1.409A-2 financial
"subject to a deferral election by the Reporting Person in accordance with Treasury Regulation 1.409A-2"
separation of service financial
"the vested portion thereof will be distributed as shares of common stock following the Reporting Person's separation of service from the Board"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Core Laboratories (CLB) director Temeng Kwaku report?
Director Temeng Kwaku reported equity compensation transactions, including a grant of 7,895 Restricted Shares and the exercise of 8,069 Restricted Shares into Common Stock at no cash price. These actions increased his direct Common Stock holdings to 33,597 shares.