Was the CNX transaction a market purchase or a share grant?

The transaction was a share grant, coded as a grant, award, or other acquisition at $0.00 per share. It reflects compensation rather than a decision to buy shares in the open market at prevailing prices.

CNX Resources (CNX) awards director 5,568 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Agbede Robert reported acquisition or exercise transactions in this Form 4 filing.

CNX Resources Corp director Robert Agbede reported an equity compensation grant of 5,568 common shares of CNX stock at a price of $0.00 per share. These shares were awarded as a grant rather than bought on the open market.

Following this award, Agbede directly owns 44,205 CNX shares. A footnote explains that 5,568 of his directly owned shares are restricted stock units, meaning they are subject to vesting or other restrictions before becoming fully transferable.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Agbede Robert

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common shares, $0.01 par value per share	5,568	$0.00	--

Holdings After Transaction: Common shares, $0.01 par value per share — 44,205 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Equity grant: 5,568 shares Grant price: $0.00 per share Post-transaction holdings: 44,205 shares +1 more

4 metrics

Equity grant 5,568 shares Common shares granted to director on 2026-05-07

Grant price $0.00 per share Compensation award, not market purchase

Post-transaction holdings 44,205 shares Shares directly owned after the grant

Restricted stock units 5,568 RSUs Portion of directly owned shares subject to restrictions

Key Terms

restricted stock units, Grant, award, or other acquisition, Common shares, $0.01 par value per share

3 terms

restricted stock units financial

"Of the shares owned directly, 5,568 are restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:26 PM

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^*

Agbede Robert

(Last)

(First)

(Middle)

1000 HORIZON VUE DR

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common shares, $0.01 par value per share	05/07/2026		A		5,568	A	$0	44,205⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Of the shares owned directly, 5,568 are restricted stock units.

Remarks:

	/s/ Sarah Molinero, Attorney-in-fact	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did CNX (CNX) director Robert Agbede report in this Form 4?

Robert Agbede reported receiving 5,568 CNX common shares as an equity grant at $0.00 per share. This was a compensation-related award, not an open-market purchase, and increased his directly held position in CNX stock.

How many CNX Resources shares does Robert Agbede hold after this grant?

After the reported grant, Robert Agbede directly owns 44,205 CNX common shares. This total includes 5,568 restricted stock units, which carry vesting or other restrictions before they become fully transferable shares.

What are the 5,568 restricted stock units reported by CNX director Agbede?

The 5,568 restricted stock units are shares awarded subject to vesting or other conditions before full ownership. They are part of Agbede’s direct holdings and typically represent long-term incentive compensation rather than immediate, unrestricted stock.

Does this CNX Form 4 show any insider selling activity?

This Form 4 does not report any insider selling. It records only an acquisition of 5,568 CNX shares through an equity grant, increasing Robert Agbede’s direct holdings to 44,205 shares with no dispositions disclosed.