Core Natural SVP gets 4,820 RSUs, stock withheld
Core Natural Resources, Inc. senior vice president and chief administrative officer Kurt R. Salvatori received a grant of 4,820 restricted stock units under the company’s Omnibus Performance Incentive Plan.
Rhea-AI Filing Summary
Core Natural Resources, Inc. senior vice president and chief administrative officer Kurt R. Salvatori received a grant of 4,820 restricted stock units under the company’s Omnibus Performance Incentive Plan. These units vest in equal annual installments over three years starting on the first anniversary of the grant, with each unit representing one share of common stock.
On the same dates, 459 shares and 689 shares of common stock were withheld as tax-withholding dispositions tied to the vesting of previously granted restricted stock units, rather than open-market sales. After these transactions, Salvatori holds 24,585 shares of common stock directly, including 10,441 unvested restricted stock units.
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 | 459 | $88.96 | $41K |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 689 | $88.96 | $61K |
| Grant/Award | Common stock, par value $0.01 per share | 4,820 | $0.00 | $0.00 |
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 24,585 shares reported, 10,441 are unvested restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did CNR grant to Kurt R. Salvatori in this Form 4?
How do the new CNR restricted stock units for Kurt R. Salvatori vest?
Were the Core Natural Resources Form 4 transactions open-market sales by Kurt R. Salvatori?
What role does Kurt R. Salvatori hold at Core Natural Resources (CNR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.