Core Natural CEO logs RSU grant, tax share moves
Core Natural Resources, Inc. Executive Chair and CEO Brock James A reported routine equity compensation activity.
Rhea-AI Filing Summary
Core Natural Resources, Inc. Executive Chair and CEO Brock James A reported routine equity compensation activity. On February 17, he received a grant of 21,190 restricted stock units that vest in three equal annual installments, each unit representing one share of common stock. On February 18, he disposed of 66,365 shares and 4,440 shares at $88.96 per share to cover tax liabilities from previously granted RSUs as they vested, rather than through open-market sales. After these transactions he held 266,967 shares directly, including 44,632 unvested RSUs, along with additional indirect holdings through the Lee Ann Brock Trust, SLAT-1, and GRAT-1.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 66,365 | $88.96 | $5.90M |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 4,440 | $88.96 | $395K |
| Grant/Award | Common stock, par value $0.01 per share | 21,190 | $0.00 | $0.00 |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Footnotes (3)
- F1. Represents a grant of restricted stock units pursuant to the Issuer's Omnibus Performance Incentive Plan, which vest annually in equal installments over a period of three years, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. Represents shares of common stock withheld to satisfy the Reporting Person's tax liability from the vesting of restricted stock units previously granted to him.
- F3. Of the 266,967 shares reported, 44,632 are unvested restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CNR CEO Brock James report on this Form 4?
What are the terms of the 21,190 RSUs granted to the CNR CEO?
How much of the CEO’s CNR stake consists of unvested restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.