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CNX Resources Corp (CNX) director updates insider holdings after RSU tax withholding

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

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.

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*
DEIULIIS NICHOLAS J

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

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 31,054(1) D $36.46 2,343,744(2) D
Common shares, $0.01 par value per share 135,218 I By Trust #1(3)
Common shares, $0.01 par value per share 135,218 I By Trust #2(3)
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. Of the shares owned, 54,420 are restricted stock units (including dividend equivalent rights).
3. These shares are held in trusts established for the benefit of the reporting person's children. In previous Form 4 filings, these shares were reported as held by the DeIuliis 2021 Trust. The reporting person's spouse is trustee of the trusts. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Remarks:
/s/ Sarah Molinero, 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 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.

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