Kosmos Energy director reports stock grant, sale
Kosmos Energy Ltd. director Grant John Douglas Kelso reported a mix of equity compensation and tax-related trades.
Rhea-AI Filing Summary
Kosmos Energy Ltd. director Grant John Douglas Kelso reported a mix of equity compensation and tax-related trades. He received an award of 62,044 common shares at $2.74 per share. On the prior day, he sold 43,466 shares at $2.73 and had 735 shares withheld to cover taxes from restricted share unit vesting. Following these transactions, he directly holds 144,355 common shares. The newly granted restricted share units are scheduled to vest 100% on the earlier of May 28, 2027 or the day before the company’s first annual shareholder meeting after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,044 | $2.74 | $170K |
| Exercise Price or Tax Liability | Common Stock | 735 | $2.85 | $2K |
| Sale | Common Stock | 43,466 | $2.73 | $119K |
Footnotes (3)
- F1. These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Issuer's Long Term Incentive Plan (the "Plan").
- F2. These shares were sold to partially cover income tax liability from the vesting of restricted share units granted to the reporting person under the Plan.
- F3. These restricted share units were granted under the Plan and are scheduled to vest 100% on the earlier of May 28, 2027 or the day immediately preceding the date of the Issuer's first annual shareholder meeting following the date of grant, subject to the terms of the Plan and the applicable award agreement issued thereunder.
Key Figures
Key Terms
Long Term Incentive Plan financial
open-market sale financial
tax withholding requirement financial
income tax liability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kosmos Energy (KOS) director Grant Kelso acquire in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.