Kosmos Energy (NYSE: KOS) director logs stock grant and tax-related sale
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 43,466 shares ($118,662)
Net Sell
3 txns
Insider
Grant John Douglas Kelso
Role
null
Sold
43,466 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,044 | $2.74 | $170K |
| Tax Withholding | Common Stock | 735 | $2.85 | $2K |
| Sale | Common Stock | 43,466 | $2.73 | $119K |
Holdings After Transaction:
Common Stock — 144,355 shares (Direct, null)
Footnotes (1)
- 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"). 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. 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
Equity award: 62,044 shares at $2.74
Shares sold: 43,466 shares at $2.73
Tax withholding shares: 735 shares at $2.85
+3 more
6 metrics
Equity award
62,044 shares at $2.74
Common stock grant/award on May 28, 2026
Shares sold
43,466 shares at $2.73
Open-market sale on May 27, 2026
Tax withholding shares
735 shares at $2.85
Withheld to satisfy tax from RSU vesting
Post-transaction holdings
144,355 shares
Common stock directly owned after transactions
Tax-related sale shares
43,466 shares
Sold to partially cover income tax liability
Tax withholding count
735 shares
Shares withheld for tax obligations
Key Terms
restricted share units, Long Term Incentive Plan, open-market sale, tax withholding requirement, +1 more
5 terms
Long Term Incentive Plan financial
"granted to the reporting person 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.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax withholding requirement financial
"withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting"
income tax liability financial
"sold to partially cover income tax liability from the vesting of restricted share units"
FAQ
What did Kosmos Energy (KOS) director Grant Kelso acquire in this Form 4?
Grant Kelso received an award of 62,044 shares of Kosmos Energy common stock at $2.74 per share. The award reflects equity compensation tied to restricted share units that vest in the future under the company’s Long Term Incentive Plan.