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CNX Resources (CNX) COO logs stock vesting and tax share withholding

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

Rhea-AI Filing Summary

CNX Resources Chief Operating Officer Navneet Behl reported several equity award vestings and a related tax withholding in common shares on January 30, 2026. He acquired 3,328 shares from the vesting of performance-based ESG restricted stock units under a 2023–2025 incentive program and 4,441 shares from similar ESG units under a 2024–2026 program. He also acquired 54,192 shares from the vesting of performance share units granted under the 2023–2025 incentive program. To cover taxes from these vestings, 26,949 shares were automatically withheld at a price of $38.8 per share. Following these transactions, he beneficially owned 205,302 common shares, including 87,932 restricted stock units with related dividend equivalent rights.

Positive

  • None.

Negative

  • None.
Insider Behl Navneet
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common shares, $0.01 par value per share 3,328 $0.00 --
Grant/Award Common shares, $0.01 par value per share 4,441 $0.00 --
Grant/Award Common shares, $0.01 par value per share 54,192 $0.00 --
Tax Withholding Common shares, $0.01 par value per share 26,949 $38.80 $1.05M
Holdings After Transaction: Common shares, $0.01 par value per share — 173,618 shares (Direct)
Footnotes (1)
  1. Represents the vesting, for 2025 performance, of Performance-Based Restricted Stock Units (ESG) previously granted to the reporting person under a 2023-2025 Performance Incentive Program. Represents the vesting, for 2025 performance, of Performance-Based Restricted Stock Units (ESG) previously granted to the reporting person under a 2024-2026 Performance Incentive Program. Represents the vesting of Performance Share Units previously granted to the reporting person under a 2023-2025 Performance Incentive Program. Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of restricted stock units previously granted to him. Of the shares owned, 87,932 are restricted stock units (including dividend equivalent rights).
Form 4 Insider Transactions: What Each Field Means →
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)
01/30/2026
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 01/30/2026 A 3,328(1) A $0 173,618 D
Common shares, $0.01 par value per share 01/30/2026 A 4,441(2) A $0 178,059 D
Common shares, $0.01 par value per share 01/30/2026 A 54,192(3) A $0 232,251 D
Common shares, $0.01 par value per share 01/30/2026 F 26,949(4) D $38.8 205,302(5) 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 the vesting, for 2025 performance, of Performance-Based Restricted Stock Units (ESG) previously granted to the reporting person under a 2023-2025 Performance Incentive Program.
2. Represents the vesting, for 2025 performance, of Performance-Based Restricted Stock Units (ESG) previously granted to the reporting person under a 2024-2026 Performance Incentive Program.
3. Represents the vesting of Performance Share Units previously granted to the reporting person under a 2023-2025 Performance Incentive Program.
4. Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of restricted stock units previously granted to him.
5. 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 02/03/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did CNX (CNX) report for Navneet Behl?

CNX’s Chief Operating Officer Navneet Behl reported multiple stock vesting events and tax share withholding. He received performance-based and performance share unit awards that converted into common shares, and some shares were automatically withheld to pay taxes arising from these vestings.

How many CNX (CNX) shares did Navneet Behl acquire from equity vesting?

Navneet Behl acquired 3,328 shares from 2023–2025 ESG units, 4,441 shares from 2024–2026 ESG units, and 54,192 shares from 2023–2025 performance share units. All were reported as acquisitions at a price of $0 per share.

How many CNX (CNX) shares does Navneet Behl beneficially own after these transactions?

After the January 30, 2026 transactions, Navneet Behl beneficially owned 205,302 CNX common shares. Of this total, 87,932 are restricted stock units, which also include associated dividend equivalent rights described in the footnotes.

What equity incentive programs are referenced in the CNX (CNX) Form 4?

The Form 4 references a 2023–2025 Performance Incentive Program and a 2024–2026 Performance Incentive Program. These programs granted performance-based ESG restricted stock units and performance share units that vested into CNX common shares for Navneet Behl.

Were Navneet Behl’s CNX (CNX) equity awards granted or vested in this filing?

The filing reflects vesting, not new grants. Performance-based restricted stock units and performance share units previously granted under CNX incentive programs converted into common shares for Navneet Behl based on performance periods ending in 2025, as explained in the footnotes.