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CNX Resources Corp (CNX) COO discloses share withholding and RSU award

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Behl Navneet

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

(Street)
CANONSBURG PA 15317

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CNX Resources Corp [ CNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common shares, $0.01 par value per share 01/03/2026 F 22,987(1) D $36.46 132,243 D
Common shares, $0.01 par value per share 01/05/2026 A 38,047(2) A $0 170,290(3) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of restricted stock units previously granted to him.
2. Grant of restricted stock units, which vest annually in equal installments over a period of three years.
3. Of the shares owned, 87,932 are restricted stock units (including dividend equivalent rights).
Remarks:
/s/ Navneet Behl by Sarah Molinero, his attorney-in-fact 01/06/2026
** Signature of Reporting Person Date
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.

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.

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