[Form 4] Core Natural Resources, Inc. Insider Trading Activity
Core Natural Resources, Inc. President & CFO Miteshkumar Thakkar reported equity compensation and related tax-withholding transactions in common stock.
Rhea-AI Filing Summary
Core Natural Resources, Inc. President & CFO Miteshkumar Thakkar reported equity compensation and related tax-withholding transactions in common stock. On February 17, he acquired 8,730 restricted stock units at $0.00 per share under the company’s Omnibus Performance Incentive Plan, vesting in three equal annual installments starting on the first anniversary of the grant date. Each unit represents a contingent right to receive one share of common stock. On February 18, he disposed of 806 and 1,223 shares of common stock at $88.96 per share through tax-withholding dispositions to cover liabilities from previously vested restricted stock units, rather than open-market sales. Following these transactions, he directly holds 61,657 shares of common stock, including 18,620 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 | 806 | $88.96 | $72K |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 1,223 | $88.96 | $109K |
| Grant/Award | Common stock, par value $0.01 per share | 8,730 | $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 61,657 shares reported, 18,620 are unvested restricted stock units.
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