Director at Core Natural Resources (CNR) receives 1,610 stock unit grant
Rhea-AI Filing Summary
Core Natural Resources, Inc. director Joseph P. Platt Jr. reported an equity award on a Form 4. He acquired 1,610 restricted stock units of common stock as a grant under the company’s Omnibus Performance Incentive Plan at a stated price of $0.00 per share.
The restricted stock units vest on the first anniversary of the grant date, with each unit representing a contingent right to receive one share of common stock. After this award, he directly holds 40,648 shares of the company’s common stock, including 1,610 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant totaling 1,610 restricted stock units.
Director Joseph P. Platt Jr. received 1,610 restricted stock units of Core Natural Resources, Inc. common stock as an equity award with a stated price of $0.00 per share. This is characterized as a grant, award, or other acquisition under a performance incentive plan.
The units vest on the first anniversary of the grant date, meaning actual share delivery depends on remaining through that period. Following this award, his direct holdings total 40,648 shares, of which 1,610 are unvested restricted stock units, so the near-term impact depends on vesting and any future transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 1,610 | $0.00 | -- |
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 40,648 shares reported, 1,610 are unvested restricted stock units.