Kosmos SVP gets RSU grant, sells shares for tax
Kosmos Energy Ltd. reported that SVP and General Counsel Josh R. Marion received a grant of 64,248 shares of common stock as an award.
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Rhea-AI Filing Summary
Kosmos Energy Ltd. reported that SVP and General Counsel Josh R. Marion received a grant of 64,248 shares of common stock as an award. A separate sale of 24,969 shares at a weighted average price of $2.05 per share was made solely to cover tax withholding from vesting restricted share units. After these transactions, he directly holds 233,404 common shares. The new restricted share units granted are scheduled to vest 100% on July 1, 2026, under the company’s Long Term Incentive Plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 24,969 | $2.05 | $51K |
| Grant/Award | Common Stock | 64,248 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
Long Term Incentive Plan financial
tax withholding requirement financial
weighted average sales price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Kosmos Energy (KOS) report for Josh R. Marion?
What equity award did the Kosmos Energy (KOS) SVP receive in this Form 4?
What are Josh R. Marion’s holdings in Kosmos Energy (KOS) after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.