Executive at Core Natural Resources (CNR) corrects reported share count
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Core Natural Resources, Inc. filed an amended insider report to correct previously misreported share holdings for executive Kurt R. Salvatori. Due to earlier clerical rounding errors, the updated filing now shows he directly beneficially owns 24,599 common shares, including 10,455 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Salvatori Kurt R.
Role
SVP, Chief Admin. Officer
| 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 — 24,599 shares (Direct)
Footnotes (1)
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FAQ
What does Core Natural Resources (CNR) disclose in this Form 4/A amendment?
Core Natural Resources reports a correction to insider holdings for Kurt R. Salvatori. The amendment fixes clerical rounding errors and now shows 24,599 directly owned common shares, of which 10,455 are unvested restricted stock units, aligning records with the actual ownership.
How many unvested restricted stock units does the CNR executive hold after the correction?
After the correction, the CNR executive holds 10,455 unvested restricted stock units. These units are part of the total 24,599 common shares reported as directly beneficially owned, clarifying the previous Form 4’s mistaken disclosure of unvested awards and overall share count.
Why did Core Natural Resources (CNR) need to amend the prior Form 4 filing?
The company amended the prior Form 4 because immaterial clerical rounding errors caused incorrect totals for directly owned shares and unvested restricted stock units. The Form 4/A rectifies these inaccuracies, ensuring the SEC record now reflects the correct insider ownership amounts for Kurt R. Salvatori.