Estate-planning sale by Core Natural (CNR) trust totals 40,760 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Natural Resources, Inc. executive chair and CEO Brock James A reported an indirect open‑market sale of 40,760 shares of common stock at a weighted average price of $101.15 per share through the SLAT-1 vehicle. The sale was made in connection with a long-term estate planning strategy.
Following this transaction, he continues to hold substantial indirect positions, including 100,000 shares via SLAT-1, 24,440 shares in the Lee Ann Brock Trust, and 117,398 shares via GRAT-1, as well as a direct holding of 266,975 shares, which includes 44,640 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,760 shares ($4,122,874)
Net Sell
4 txns
Insider
Brock James A
Role
Executive Chair and CEO
Sold
40,760 shs ($4.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 40,760 | $101.15 | $4.12M |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
| 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 — 100,000 shares (Indirect, By SLAT-1);
Common stock, par value $0.01 per share — 266,975 shares (Direct)
Footnotes (1)
- This sale was made in connection with a long-term strategy for estate planning purposes. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.62 to $101.57, inclusive. The reporting person undertakes to provide to Core Natural Resources, Inc., any security holder of Core Natural Resources, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4. Of the 266,975 shares reported, 44,640 shares are unvested restricted stock units.