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CNX Resources (CNX) director exercises options and sells CNX shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CNX Resources director Maureen Lally-Green exercised stock options and sold shares in a routine portfolio move. She exercised options for 29,915 common shares at an exercise price of $13.1857 per share, then sold 23,521 shares at a weighted average price of $39.5143 and an additional 110 shares at $40.00 per share.

After these transactions, she directly holds 169,577 common shares. Footnotes state that of the directly owned shares, 6,762 are restricted stock units and 11,031 are deferred stock units.

Positive

  • None.

Negative

  • None.
Insider Lally-Green Maureen
Role Director
Sold 23,631 shs ($934K)
Type Security Shares Price Value
Exercise Stock Option (right to buy) 29,915 $0.00 --
Exercise Common shares, $0.01 par value per share 29,915 $13.187 $394K
Sale Common shares, $0.01 par value per share 23,521 $39.5143 $929K
Sale Common shares, $0.01 par value per share 110 $40.00 $4K
Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); Common shares, $0.01 par value per share — 193,208 shares (Direct)
Footnotes (1)
  1. Of the shares owned directly, 6,762 are restricted stock units and 11,031 are deferred stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.0000 to $39.9800, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, 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 range set forth in this footnote. This stock option, including share amount and exercise price, reflects an exempt anti-dilution adjustment to such award in connection with the 2017 spin-off of the Issuer from CONSOL Energy Inc. This stock option vested on May 9, 2017.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lally-Green Maureen

(Last)(First)(Middle)
1000 HORIZON VUE DRIVE

(Street)
CANONSBURG PENNSYLVANIA 15317

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CNX Resources Corp [ CNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common shares, $0.01 par value per share03/23/2026M29,915A$13.187193,208(1)D
Common shares, $0.01 par value per share03/23/2026S23,521D$39.5143(2)169,687(1)D
Common shares, $0.01 par value per share03/23/2026S110D$40169,577(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$13.1857(3)03/23/2026M29,91505/09/2017(4)05/11/2026Common shares, $0.01 par value per share29,915(3)$00D
Explanation of Responses:
1. Of the shares owned directly, 6,762 are restricted stock units and 11,031 are deferred stock units.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.0000 to $39.9800, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, 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 range set forth in this footnote.
3. This stock option, including share amount and exercise price, reflects an exempt anti-dilution adjustment to such award in connection with the 2017 spin-off of the Issuer from CONSOL Energy Inc.
4. This stock option vested on May 9, 2017.
Remarks:
/s/ Sarah Molinero, Attorney-in-fact03/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CNX (CNX) director Maureen Lally-Green do in this Form 4?

Maureen Lally-Green exercised stock options and then sold some CNX shares. She converted 29,915 options into common shares and sold 23,631 shares in open-market transactions, while retaining a substantial direct holding after the trades.

How many CNX shares did Maureen Lally-Green sell and at what prices?

She sold 23,521 CNX common shares at a weighted average price of $39.5143 and a separate 110 shares at $40.00. The weighted sale price reflects multiple trades executed between $39.00 and $39.98 per share on the transaction date.

How many CNX shares does Maureen Lally-Green own after these transactions?

Following the reported trades, Maureen Lally-Green directly owns 169,577 CNX common shares. Footnotes clarify that this direct position includes 6,762 restricted stock units and 11,031 deferred stock units, which are forms of equity-based compensation rather than freely tradable common stock.

What stock options did Maureen Lally-Green exercise in CNX?

She exercised a stock option covering 29,915 CNX common shares at an exercise price of $13.1857 per share. The option vested on May 9, 2017 and originally reflected an anti-dilution adjustment tied to CNX’s 2017 spin-off from CONSOL Energy.

Were Maureen Lally-Green’s CNX share sales open-market transactions?

Yes. The Form 4 codes the 23,631 CNX shares as open-market sales. A footnote explains that the reported weighted average price aggregates multiple trades, and that full trade-by-trade pricing details are available upon request to the company, shareholders, or SEC staff.

Does this CNX Form 4 show any remaining stock options for Maureen Lally-Green?

The filing indicates that the exercised stock option now has zero shares remaining following the conversion of 29,915 options. The derivative summary shows no additional derivative holdings, meaning no other option positions are visible in this particular Form 4 snapshot.
Cnx Res Corp

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