CNX Resources Corp (CNX) director updates insider holdings after RSU tax withholding
Rhea-AI Filing Summary
CNX Resources Corp director Form 4 shows tax withholding on vested equity and updated holdings. On 01/03/2026, 31,054 common shares of CNX Resources Corp, $0.01 par value per share, were disposed of at $36.46 per share, reported with transaction code “F,” which indicates shares automatically withheld to cover the reporting person’s tax liability from vesting restricted stock units.
After this transaction, the reporting person beneficially owns 2,343,744 common shares directly, which include 54,420 restricted stock units (including dividend equivalent rights. In addition, 135,218 common shares are held in Trust #1 and 135,218 common shares are held in Trust #2, both established for the benefit of the reporting person’s children. The reporting person’s spouse serves as trustee, and the reporting person disclaims beneficial ownership of the trust-held securities.
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FAQ
What insider transaction did CNX (CNX Resources Corp) report on this Form 4?
The Form 4 reports that on 01/03/2026, a CNX Resources Corp director had 31,054 common shares withheld and disposed of at $36.46 per share under transaction code “F,” representing shares automatically withheld to satisfy tax liabilities from the vesting of previously granted restricted stock units.
How many CNX Resources Corp shares does the reporting person own after the transaction?
Following the reported transaction, the reporting person beneficially owns 2,343,744 common shares of CNX Resources Corp directly, which include 54,420 restricted stock units (including dividend equivalent rights).
What does transaction code "F" mean in this CNX Form 4 filing?
In this filing, transaction code “F” is explained as shares automatically withheld to satisfy the reporting person’s tax liability resulting from the vesting of restricted stock units previously granted to the reporting person.
What CNX Resources Corp securities are held in trusts related to the reporting person?
The filing shows 135,218 common shares held indirectly in Trust #1 and another 135,218 common shares held in Trust #2, trusts established for the benefit of the reporting person’s children. The reporting person’s spouse is trustee, and the reporting person disclaims beneficial ownership of these trust-held shares.
What is the reporting person’s relationship to CNX Resources Corp in this Form 4?
The reporting person is identified as a Director of CNX Resources Corp and files this Form 4 as a single reporting person.
Do the trust-held CNX shares count as beneficially owned by the reporting person?
The filing states that the shares in the children’s trusts are held in trusts for their benefit, with the reporting person’s spouse as trustee, and that the reporting person disclaims beneficial ownership of these securities. The report notes that filing it is not an admission of beneficial ownership for Section 16 or any other purpose.