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CNX Resources (CNX) CFO discloses RSU grant and 191,667 PSU award

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

Rhea-AI Filing Summary

CNX Resources Corp CFO reported routine equity transactions in company stock. On 01/03/2026, 574 common shares were automatically withheld at a price of $36.46 to cover taxes from previously granted restricted stock units that vested. On 01/05/2026, the CFO received a grant of 23,520 restricted stock units at a price of $0, which vest in equal annual installments over three years.

Following these transactions, the CFO beneficially owned 41,526 common shares, including 24,701 restricted stock units with dividend equivalent rights. The filing also reports a grant of 191,667 Performance Share Units at a price of $0, each representing a contingent right to receive one common share. These Performance Share Units vest in two tranches if CNX common stock reaches certain predetermined share prices during a performance period from January 5, 2026 through July 31, 2030.

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*
Good Everett W

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
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 574(1) D $36.46 18,006 D
Common shares, $0.01 par value per share 01/05/2026 A 23,520(2) A $0 41,526(3) 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
Performance Share Units (4) 01/05/2026 A 191,667 (4) 07/31/2030 Common shares, $0.01 par value per share 191,667 $0 191,667 D
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. Grant of restricted stock units, which vest annually in equal installments over a period of three years.
3. Of the shares owned, 24,701 are restricted stock units (including dividend equivalent rights).
4. Each Performance Share Unit (PSU) represents a contingent right to receive one Common Share, $0.01 par value per share, of CNX Resources Corp. The PSUs vest upon the common stock of CNX Resources achieving certain pre-determined prices per share in two tranches over a performance period beginning January 5, 2026 and ending July 31, 2030.
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) disclose for its CFO?

The CFO of CNX Resources Corp reported automatic withholding of 574 common shares on 01/03/2026 to satisfy tax liabilities from vesting restricted stock units, and new equity awards on 01/05/2026.

How many restricted stock units did the CNX CFO receive in this Form 4?

On 01/05/2026, the CNX CFO received a grant of 23,520 restricted stock units at a price of $0, which vest annually in equal installments over three years.

What is the CNX CFOs beneficial ownership after the reported transactions?

After the reported transactions, the CNX CFO beneficially owned 41,526 common shares of CNX Resources Corp, of which 24,701 are restricted stock units including dividend equivalent rights.

What Performance Share Units were granted to the CNX CFO?

The CNX CFO was granted 191,667 Performance Share Units at a price of $0. Each unit represents a contingent right to receive one CNX common share.

What are the vesting conditions for the CNX Performance Share Units?

The 191,667 Performance Share Units vest in two tranches if CNX common stock achieves certain predetermined share prices during a performance period from January 5, 2026 to July 31, 2030.

Is the CNX Form 4 filing a joint or individual filing?

The Form 4 is indicated as filed by one reporting person, reflecting only the transactions of the CNX Resources Corp CFO.

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