Hallador Energy CFO exercises RSUs, covers taxes
Hallador Energy Chief Financial Officer Todd E. Telesz exercised restricted stock units and had shares withheld for taxes.
Rhea-AI Filing Summary
Hallador Energy Chief Financial Officer Todd E. Telesz exercised restricted stock units and had shares withheld for taxes. On this date, he converted 8,219 Restricted Stock Units into 8,219 shares of Common Stock. Of these, 2,610 shares were disposed of to cover tax obligations, a non-market tax-withholding disposition.
Following the transactions, Telesz directly held 5,609 shares of Common Stock and 32,686 Restricted Stock Units, which each represent a contingent right to receive one share of Hallador Energy Common Stock under the company’s RSU plan. These transactions reflect routine equity compensation activity rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,219 shares exercised/converted
Exercise
3 txns
Insider
Telesz Todd E
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 8,219 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,219 | $17.73 | $146K |
| Exercise Price or Tax Liability | Common Stock | 2,610 | $17.73 | $46K |
Holdings After Transaction:
Restricted Stock Unit — 32,686 contracts (Direct);
Common Stock — 5,609 shares (Direct)
Footnotes (1)
- 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.
Key Figures
RSUs exercised: 8,219 shares
Tax-withheld shares: 2,610 shares
Price per share: $17.73 per share
+2 more
5 metrics
RSUs exercised
8,219 shares
Restricted Stock Units converted to Common Stock on 2026-06-23
Tax-withheld shares
2,610 shares
Shares delivered to satisfy tax liability at $17.73 per share
Price per share
$17.73 per share
Value used for both RSU exercise and tax-withholding disposition
Shares held after
5,609 shares
Common Stock directly owned by CFO after transactions
RSUs remaining
32,686 units
Restricted Stock Units held after RSU exercise
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, 2nd Amended and Restated 2008 RSU Plan
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 2,610 shares of Common Stock."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion of 8,219 Restricted Stock Units into Common Stock."
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."
FAQ
What insider transactions did HALLADOR ENERGY CO (HNRG) report for Todd E. Telesz?
HALLADOR ENERGY CO reported that CFO Todd E. Telesz exercised 8,219 Restricted Stock Units into Common Stock and had 2,610 shares withheld to cover tax liabilities. These are compensation-related events, not open-market purchases or sales of HNRG shares.
Was the HNRG CFO’s Form 4 transaction an open-market sale or purchase?
The Form 4 shows no open-market sale or purchase. It records a derivative exercise of 8,219 Restricted Stock Units into Common Stock and a tax-withholding disposition of 2,610 shares, used to satisfy tax obligations rather than to trade in the open market.
What does the tax-withholding disposition mean in the HNRG CFO Form 4?
The tax-withholding disposition reflects 2,610 Hallador Energy shares delivered to cover taxes due when restricted stock units vested and were exercised. This is a standard mechanism where shares are withheld instead of the insider paying cash to meet tax liabilities.
What are the Restricted Stock Units held by the HNRG CFO after the transaction?
After the transaction, Todd E. Telesz holds 32,686 Restricted Stock Units. Each unit represents a contingent right to receive one share of Hallador Energy Common Stock, with vested shares delivered under the company’s 2nd Amended and Restated 2008 RSU Plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
