Core Natural (CNR) director receives 1,610 restricted stock units equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Natural Resources, Inc. director Holly K. Koeppel reported an equity award of company stock. She acquired 1,610 shares of common stock on a grant basis, recorded at a price of $0.00 per share, as part of an incentive arrangement rather than an open-market purchase.
According to the footnotes, this grant consists of restricted stock units issued under the company’s Omnibus Performance Incentive Plan, which vest on the first anniversary of the grant date, with each unit converting into one share of common stock. After this award, Koeppel holds 14,958 shares of common stock in total, including 1,610 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KOEPPEL HOLLY K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 1,610 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 14,958 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units pursuant to the Issuer's Omnibus Performance Incentive Plan, which vest 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. Of the 14,958 shares reported, 1,610 are unvested restricted stock units.
FAQ
What did Core Natural Resources (CNR) director Holly K. Koeppel report on this Form 4?
Holly K. Koeppel reported receiving 1,610 shares of Core Natural Resources common stock as an equity award. The grant was made at $0.00 per share under the company’s incentive plan and increased her total reported holdings to 14,958 shares of common stock.
Was the Core Natural Resources (CNR) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market purchase or sale. It reflects a grant of 1,610 restricted stock units at $0.00 per share under Core Natural Resources’ Omnibus Performance Incentive Plan, rather than shares bought or sold on the open market.
What are the vesting terms of the 1,610 restricted stock units granted by Core Natural Resources (CNR)?
The 1,610 restricted stock units vest on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Core Natural Resources common stock once the vesting condition, based on time, is satisfied.
Under which plan did Core Natural Resources (CNR) grant the restricted stock units to Holly K. Koeppel?
The restricted stock units were granted under Core Natural Resources’ Omnibus Performance Incentive Plan. This plan provides equity-based awards, and in this case delivered 1,610 restricted stock units that will each convert into one share of common stock upon vesting.