CNX Resources (CNX) director exercises options and sells CNX shares
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 23,631 shares ($933,816)
Net Sell
4 txns
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)
- 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.
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.
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.
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.