Core Natural (CNR) CEO gifts 48,880 shares while retaining large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Natural Resources, Inc. director and Executive Chair/CEO Brock James A reported bona fide gifts of a total of 48,880 shares of common stock on 2026-03-24.
The filing shows 24,440 shares gifted from an indirect holding by the Lee Ann Brock Trust and 24,440 shares gifted from his direct holdings, both at a reported price of $0.00 per share, reflecting non-cash transfers.
After these transactions, he holds 291,415 shares directly, including 44,640 unvested restricted stock units, and also has indirect holdings of 100,000 shares through SLAT-1 and 117,398 shares through GRAT-1. Footnotes state the gifts were made under a long-term strategy for estate planning purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
48,880 shares gifted
Mixed
4 txns
Insider
Brock James A
Role
Executive Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common stock, par value $0.01 per share | 24,440 | $0.00 | -- |
| Gift | Common stock, par value $0.01 per share | 24,440 | $0.00 | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 0 shares (Indirect, By Lee Ann Brock Trust);
Common stock, par value $0.01 per share — 291,415 shares (Direct)
Footnotes (1)
- This disposition was made in connection with a gift under a long-term strategy for estate planning purposes. This acquisition was made in connection with a gift under a long-term strategy for estate planning purposes. Of the 291,415 shares reported, 44,640 are unvested restricted stock units.
FAQ
What insider transaction did Core Natural (CNR) disclose for Brock James A?
Core Natural disclosed that Brock James A reported bona fide gifts of company stock. The Form 4 shows two gift transactions of common shares, classified as non-cash dispositions, rather than open-market sales, and described as part of a long-term estate planning strategy.
Were the Core Natural (CNR) insider transactions open-market sales or gifts?
The reported Core Natural insider transactions were bona fide gifts, not open-market sales. Both entries use transaction code G, with a zero-dollar price per share, indicating non-cash transfers made in connection with a long-term estate planning strategy, according to the footnotes.
What do the Core Natural (CNR) Form 4 footnotes say about the gifts?
The Form 4 footnotes explain that the disposition was made in connection with a gift under a long-term estate planning strategy. They also state that part of the reported direct holding, 44,640 shares, consists of unvested restricted stock units included in the 291,415 direct shares.