CNX Resources director reports large share gifts
CNX Resources director Ian R. McGuire reported several bona fide gifts of common shares.
Rhea-AI Filing Summary
CNX Resources director Ian R. McGuire reported several bona fide gifts of common shares. On June 2, 2026, he gifted 19,155 shares from direct ownership, leaving 73,972 direct shares, of which 9,399 are deferred stock units, and the same amount was received by a revocable trust. On August 4, 2026, that revocable trust disposed of 86,614 shares by gift, while two charitable remainder trusts each acquired 43,307 shares. All reported movements are gifts among personal and family trusts rather than market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
211,538 shares gifted
Gift
5 txns
Insider
MCGUIRE IAN R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common shares, $0.01 par value per share F2 | 86,614 | $0.00 | $0.00 |
| Gift | Common shares, $0.01 par value per share F3 | 43,307 | $0.00 | $0.00 |
| Gift | Common shares, $0.01 par value per share F4 | 43,307 | $0.00 | $0.00 |
| Gift | Common shares, $0.01 par value per share F1 | 19,155 | $0.00 | $0.00 |
| Gift | Common shares, $0.01 par value per share F2 | 19,155 | $0.00 | $0.00 |
Holdings After Transaction:
Common shares, $0.01 par value per share — 73,972 shares (Direct);
Common shares, $0.01 par value per share — 0 shares (Indirect, By Revocable Trust);
Common shares, $0.01 par value per share — 43,307 shares (Indirect, By Remainder Trust #1);
Common shares, $0.01 par value per share — 43,307 shares (Indirect, By Remainder Trust #2)
Footnotes (4)
- F1. Of the shares owned directly, 9,399 are deferred stock units.
- F2. Shares held in a revocable trust established by Mr. McGuire and his spouse (the "Revocable Trust").
- F3. Shares held in a charitable remainder trust established by Mr. McGuire's spouse generally for the benefit of her children ("Remainder Trust #1").
- F4. Shares held in a charitable remainder trust established generally for the benefit of Mr. McGuire's spouse and children ("Remainder Trust #2").
Key Figures
Gift from revocable trust: 86,614 shares
Gift to Remainder Trust #1: 43,307 shares
Gift to Remainder Trust #2: 43,307 shares
+3 more
6 metrics
Gift from revocable trust
86,614 shares
Bona fide gift by Revocable Trust on August 4, 2026
Gift to Remainder Trust #1
43,307 shares
Bona fide gift to charitable remainder trust on August 4, 2026
Gift to Remainder Trust #2
43,307 shares
Bona fide gift to second charitable remainder trust on August 4, 2026
Gift from direct holdings
19,155 shares
Bona fide gift from direct ownership on June 2, 2026
Direct shares after June 2 gift
73,972 shares
Total direct CNX shares held following June 2, 2026 transaction
Deferred stock units within direct holdings
9,399 units
Portion of directly owned shares described as deferred stock units
Key Terms
bona fide gift, revocable trust, charitable remainder trust, deferred stock units
4 terms
bona fide gift financial
"Each transaction uses code G, described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust financial
"Shares held in a revocable trust established by Mr. McGuire and his spouse."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
charitable remainder trust financial
"Shares held in a charitable remainder trust established generally for the benefit of Mr. McGuire's spouse and children."
deferred stock units financial
"Of the shares owned directly, 9,399 are deferred stock units."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CNX (CNX) director Ian R. McGuire report in this Form 4?
Ian R. McGuire reported five bona fide gift transactions involving CNX common shares. These include gifts from his direct holdings and reallocations among a revocable trust and two charitable remainder trusts, affecting how his CNX ownership is held but not reflecting open-market trades.
Were Ian R. McGuire's CNX (CNX) transactions market sales or purchases?
No. All reported transactions use code G, described as a bona fide gift. The Form 4 shows gifts and reallocations of CNX shares among Mr. McGuire’s direct holdings and related trusts, not open-market buys or sells of the company’s stock.
What portion of Ian R. McGuire's CNX (CNX) direct holdings are deferred stock units?
After the June 2, 2026 gift, Mr. McGuire directly held 73,972 shares, and a footnote states that 9,399 of these are deferred stock units. Deferred stock units are compensation-related rights that track CNX shares rather than immediately deliverable stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
