Core Natural Resources (CNR) corrects President & CFO share and RSU totals
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Core Natural Resources, Inc. filed an amended insider report updating President & CFO Miteshkumar Thakkar’s direct holdings after earlier clerical rounding errors. As corrected, he beneficially owns 61,661 shares of common stock, of which 18,624 shares are unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thakkar Miteshkumar
Role
President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 61,661 shares (Direct)
Footnotes (1)
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FAQ
What does Core Natural Resources (CNR) disclose in this amended Form 4/A?
The amended filing corrects a prior reporting error for President & CFO Miteshkumar Thakkar. It updates the total number of common shares he beneficially owns and the portion represented by unvested restricted stock units, following discovery of immaterial clerical rounding mistakes.
How many unvested restricted stock units does the CNR President & CFO hold?
According to the amendment, 18,624 shares of the 61,661 total represent unvested restricted stock units. These RSUs are part of Miteshkumar Thakkar’s equity compensation and are included within his overall beneficial ownership reported in the corrected Form 4/A.
Why did Core Natural Resources (CNR) need to amend this Form 4 for Miteshkumar Thakkar?
The company reports that earlier disclosures contained immaterial clerical rounding errors. Those mistakes led to incorrect totals for directly beneficially owned shares and unvested restricted stock units, prompting this Form 4/A to present the accurate ownership amounts for the President & CFO.
Does the CNR Form 4/A describe any new stock transactions by the President & CFO?
The document characterizes the entry as a holdings-related correction rather than using standard buy or sell codes. It focuses on fixing previously misreported totals for directly beneficially owned shares and unvested restricted stock units, rather than detailing a new purchase or sale event.
What was incorrect in the prior Core Natural Resources (CNR) Form 4 filing?
The earlier Form 4 inadvertently misstated the total amount of securities directly beneficially owned and the amount of unvested restricted stock units. The amended filing explains that these inaccuracies stemmed from immaterial clerical rounding errors that have now been corrected in the updated share figures.