Kosmos Energy (NYSE: KOS) CEO awarded RSUs and sells shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kosmos Energy Ltd. Chairman and CEO Andrew G. Inglis reported routine equity compensation activity. He received a grant of 221,171 restricted share units that will vest 100% on July 1, 2026 under the company’s Long Term Incentive Plan. To cover tax withholding from the vesting of previously granted restricted share units, 85,935 common shares were sold at a weighted average price of $2.05 per share, with actual sale prices between $2.00 and $2.115. After these transactions, Inglis directly holds 4,678,043 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 85,935 shares ($176,167)
Net Sell
2 txns
Insider
INGLIS ANDREW G
Role
Chairman and CEO
Sold
85,935 shs ($176K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 85,935 | $2.05 | $176K |
| Grant/Award | Common Stock | 221,171 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,678,043 shares (Direct, null)
Footnotes (1)
- These restricted share units were granted under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to vest 100% on July 1, 2026, subject to the terms of the Plan and the applicable award agreement issued thereunder. These shares were sold to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Plan. The price reported above reflects the weighted average sales price. Sales of shares took place at actual prices ranging from $2.00 to $2.115 per share.
Key Figures
RSUs granted: 221,171 units
RSU vesting date: July 1, 2026
Shares sold for tax: 85,935 shares
+2 more
5 metrics
RSUs granted
221,171 units
Restricted share units granted under Long Term Incentive Plan
RSU vesting date
July 1, 2026
Scheduled 100% vesting date for new RSU grant
Shares sold for tax
85,935 shares
Shares sold to satisfy tax withholding from RSU vesting
Weighted average sale price
$2.05 per share
Tax-related sale; actual prices $2.00–$2.115
Post-transaction holdings
4,678,043 shares
Common shares directly held after reported transactions
Key Terms
restricted share units, Long Term Incentive Plan, tax withholding requirement, weighted average sales price
4 terms
Long Term Incentive Plan financial
"granted under the Issuer's Long Term Incentive Plan (the "Plan")"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
tax withholding requirement financial
"These shares were sold to satisfy the tax withholding requirement arising from the vesting"
weighted average sales price financial
"The price reported above reflects the weighted average sales price."
FAQ
What insider transactions did Kosmos Energy (KOS) report for Andrew Inglis?
Kosmos Energy reported that Chairman and CEO Andrew Inglis received 221,171 restricted share units and sold 85,935 common shares. The sale was made to satisfy tax withholding obligations from RSU vesting, rather than as a discretionary open-market sale.