Director at Core Natural Resources (CNR) granted 1,610 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Natural Resources, Inc. director Perera Valli received an equity award in the form of 1,610 restricted stock units of common stock. The grant was made at a price of $0.00 per share as a compensation award, not an open-market purchase.
The restricted stock units were granted under the company’s Omnibus Performance Incentive Plan and vest on the first anniversary of the grant date. After this award, Valli beneficially owns 9,317 shares of common stock, of which 1,610 are unvested restricted stock units that will convert into shares upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perera Valli
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 — 9,317 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 9,317 shares reported, 1,610 are unvested restricted stock units.
FAQ
What insider transaction did Core Natural Resources (CNR) report for Perera Valli?
Core Natural Resources reported that director Perera Valli received a grant of 1,610 restricted stock units of common stock. The award was issued at $0.00 per share as equity compensation under the company’s Omnibus Performance Incentive Plan, rather than through a market purchase.
When do Perera Valli’s new restricted stock units in CNR vest?
The 1,610 restricted stock units granted to Perera Valli vest on the first anniversary of the grant date. Once vested, each restricted stock unit represents a contingent right to receive one share of Core Natural Resources’ common stock, increasing Valli’s freely vested holdings.
Was Perera Valli’s Core Natural Resources (CNR) award a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. Form 4 shows a transaction code “A” for grant, award, or other acquisition, with a $0.00 price per share, indicating equity was awarded under the company’s incentive plan rather than bought in the open market.
What does each restricted stock unit granted to Perera Valli by CNR represent?
Each of the 1,610 restricted stock units represents a contingent right to receive one share of Core Natural Resources common stock. These units will convert into common shares when they vest on the first anniversary of the grant date, assuming any plan conditions are satisfied.