Hallador Energy CEO exercises 105,079 RSUs
Hallador Energy President and CEO Brent K. Bilsland reported routine equity compensation activity.
Rhea-AI Filing Summary
Hallador Energy President and CEO Brent K. Bilsland reported routine equity compensation activity. On March 31, 2026, he converted 105,079 Restricted Stock Units into an equal number of common shares at $0.00 per share under the Amended and Restated 2008 RSU Plan.
The filing also shows earlier activity on March 31, 2025, when he acquired 105,079 common shares at $16.28 per share through a derivative exercise, with 45,972 shares withheld to cover tax obligations. Following that 2025 transaction, he held 1,146,495 common shares directly, and a separate entry reports 366,397 shares held indirectly through the Alexa Bilsland Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
105,079 shares exercised/converted
Exercise
4 txns
Insider
Bilsland Brent K
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 105,079 | $0.00 | $0.00 |
| holding | COMMON STOCK | -- | -- | -- |
| Exercise | Common Stock | 105,079 | $16.28 | $1.71M |
| Exercise Price or Tax Liability | Common Stock | 45,972 | $16.28 | $748K |
Holdings After Transaction:
Restricted Stock Unit — 105,078 contracts (Direct);
Common Stock — 1,146,495 shares (Direct);
COMMON STOCK — 366,397 shares (Indirect, By Alexa Bilsland Revocable Trust)
Footnotes (1)
- F1. Each Restricted Stock Unit awarded on September 6, 2024, 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 Amended and Restated 2008 RSU Plan.
Key Figures
RSUs converted: 105,079 units
RSU conversion price: $0.00 per share
Shares from 2025 derivative exercise: 105,079 shares
+3 more
6 metrics
RSUs converted
105,079 units
Restricted Stock Units converted to common stock on March 31, 2026
RSU conversion price
$0.00 per share
Price per share for RSU delivery on March 31, 2026
Shares from 2025 derivative exercise
105,079 shares
Common stock acquired on March 31, 2025 at $16.28 per share
Tax-withheld shares
45,972 shares
Shares withheld to satisfy tax liability on March 31, 2025
Direct holdings after 2025 transaction
1,146,495 shares
Common stock held directly following March 31, 2025 activity
Indirect trust holdings
366,397 shares
Common stock held indirectly via Alexa Bilsland Revocable Trust
Key Terms
Restricted Stock Unit, tax-withholding disposition, Amended and Restated 2008 RSU Plan
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit awarded on September 6, 2024, represents a contingent right to receive one share"
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
"Payment of exercise price or tax liability by delivering securities"
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.
Amended and Restated 2008 RSU Plan financial
"Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HNRG CEO Brent Bilsland report?
Brent K. Bilsland reported exercising 105,079 Restricted Stock Units into common shares on March 31, 2026. This equity award conversion provided shares at $0.00 per share under Hallador Energy’s Amended and Restated 2008 RSU Plan, reflecting standard executive compensation delivery.
What earlier Hallador Energy stock transaction from 2025 is disclosed?
The filing notes that on March 31, 2025, Brent K. Bilsland acquired 105,079 common shares at $16.28 per share via a derivative exercise. In the same event, 45,972 shares were withheld to satisfy tax obligations related to that equity compensation.
Was any Hallador Energy stock sold on the open market in this Form 4?
The transactions described involve RSU conversion, derivative exercise, and tax withholding, with no open-market sales reported. Shares withheld for taxes are treated as a tax-withholding disposition, not as discretionary selling into the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
