CNX Resources Corp (CNX) COO discloses share withholding and RSU award
Rhea-AI Filing Summary
CNX Resources Corp Chief Operating Officer Navneet Behl reported equity transactions in company common shares. On 01/03/2026, 22,987 common shares were automatically withheld at a price of $36.46 to cover taxes arising from the vesting of previously granted restricted stock units. On 01/05/2026, he received a grant of 38,047 restricted stock units, which vest annually in equal installments over three years. Following these transactions, he beneficially owned 170,290 common shares, including 87,932 restricted stock units
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FAQ
What insider transaction did CNX (CNX) report for its COO?
CNX Resources Corp reported that Chief Operating Officer Navneet Behl had shares withheld to cover taxes from vested restricted stock units and received a new restricted stock unit grant.
How many CNX common shares were withheld to cover taxes for the COO?
A total of 22,987 common shares were automatically withheld at a price of $36.46 per share to satisfy tax liabilities from vesting restricted stock units.
What new equity award did CNX grant to its COO Navneet Behl?
CNX granted 38,047 restricted stock units to Navneet Behl, which vest annually in equal installments over three years.
How many CNX shares does the COO beneficially own after these transactions?
After the reported transactions, Navneet Behl beneficially owned 170,290 CNX common shares, held directly.
How many of the COO’s CNX holdings are restricted stock units?
Of the total shares owned, 87,932 are restricted stock units, including dividend equivalent rights.
Were the CNX insider transactions part of a routine equity compensation process?
The filing explains that the share withholding was to cover tax liabilities from vesting restricted stock units, and the additional units were a new restricted stock unit grant, both typical elements of equity compensation.