Hallador CEO granted 69,808 RSUs
Bilsland Brent K reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bilsland Brent K reported acquisition or exercise transactions in this Form 4 filing.
Hallador Energy President and CEO Brent K. Bilsland received an equity grant of 69,808 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Hallador Energy common stock under the 2nd Amended and Restated 2008 RSU Plan.
The RSUs vest in three equal installments on March 31, 2027, March 31, 2028, and March 31, 2029, subject to his continued service, and may vest earlier upon a Change in Control under the plan terms. Following this grant, he holds 174,886 RSUs, 1,146,495 shares of common stock directly, and 366,397 shares indirectly through the Alexa Bilsland Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 69,808 shares
Grant/Award
3 txns
Insider
Bilsland Brent K
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 69,808 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 174,886 contracts (Direct);
Common Stock — 1,146,495 shares (Direct);
COMMON STOCK — 366,397 shares (Indirect, By Alexa Bilsland Revocable Trust)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Hallador Energy Common Stock. Vested shares will be delivered to the reporting person pursuant to the terms of the 2nd Amended and Restated 2008 RSU Plan.
- F2. These RSUs vest ratably on March 31, 2027, March 31, 2028, and March 31, 2029, subject to the executive officer's continued service through each applicable vesting date. subject in each case subject to Participant's continued Service through the applicable vesting date, and shall vest in full subject to Participant's continued Service through to the date of a Change in Control, and otherwise in accordance with the terms of the Plan and this Agreement.
Key Figures
New RSU grant: 69,808 RSUs
Total RSUs after grant: 174,886 RSUs
Direct common stock holdings: 1,146,495 shares
+2 more
5 metrics
New RSU grant
69,808 RSUs
Granted to President and CEO Brent K. Bilsland
Total RSUs after grant
174,886 RSUs
RSU holdings following the April 15, 2026 grant
Direct common stock holdings
1,146,495 shares
Common stock directly owned after reported transactions
Indirect common stock holdings
366,397 shares
Held indirectly by Alexa Bilsland Revocable Trust
RSU vesting dates
March 31, 2027, 2028, 2029
RSUs vest ratably over three annual dates
Key Terms
Restricted Stock Unit, 2nd Amended and Restated 2008 RSU Plan, Change in Control, Revocable Trust
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Hallador Energy Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2nd Amended and Restated 2008 RSU Plan financial
"Vested shares will be delivered to the reporting person pursuant to the terms of the 2nd Amended and Restated 2008 RSU Plan."
Change in Control financial
"shall vest in full subject to Participant's continued Service through to the date of a Change in Control, and otherwise in accordance with the terms of the Plan"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Revocable Trust financial
"nature_of_ownership: By Alexa Bilsland Revocable Trust"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Hallador Energy (HNRG) CEO Brent Bilsland receive in this Form 4 filing?
Brent K. Bilsland received a grant of 69,808 Restricted Stock Units. Each RSU is a contingent right to one share of Hallador Energy common stock, awarded under the company’s 2nd Amended and Restated 2008 RSU Plan.
How do Brent Bilsland’s new Hallador Energy RSUs vest?
The 69,808 RSUs vest ratably on March 31, 2027, March 31, 2028, and March 31, 2029. Vesting is conditioned on his continued service, with potential full vesting upon a qualifying Change in Control under the plan and award agreement terms.
How many Hallador Energy RSUs does Brent Bilsland hold after this grant?
After the 69,808-unit grant, Brent Bilsland holds 174,886 Restricted Stock Units. These RSUs represent a future right to receive an equal number of Hallador Energy common shares if vesting conditions under the company’s RSU plan are satisfied.
What is Brent Bilsland’s direct common stock ownership in Hallador Energy after this filing?
Following the reported transactions, Brent Bilsland directly owns 1,146,495 shares of Hallador Energy common stock. This figure reflects his direct holdings only and is separate from his RSUs and any indirect ownership through related entities or trusts.
What indirect Hallador Energy holdings are reported for Brent Bilsland?
The filing shows 366,397 Hallador Energy common shares held indirectly through the Alexa Bilsland Revocable Trust. These are reported as indirect ownership, indicating they are held by the trust rather than directly in Brent Bilsland’s personal name.
Was the Hallador Energy RSU grant to Brent Bilsland a market purchase or sale?
The RSU grant was a compensation-related award, not a market trade. It is reported with transaction code A, a price per share of $0.0000, and represents a grant or other acquisition under the company’s equity compensation plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
