Kosmos Energy (NYSE: KOS) SVP granted 64,248 RSUs, sells 24,969 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 24,969 shares ($51,186)
Net Sell
2 txns
Insider
Marion Josh R.
Role
SVP and General Counsel
Sold
24,969 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 24,969 | $2.05 | $51K |
| Grant/Award | Common Stock | 64,248 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 233,404 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
Shares sold: 24,969 shares
Sale price: $2.05 per share
Shares granted: 64,248 shares
+2 more
5 metrics
Shares sold
24,969 shares
Open-market sale to satisfy tax withholding; weighted avg price $2.05
Sale price
$2.05 per share
Weighted average; actual prices ranged from $2.00 to $2.115
Shares granted
64,248 shares
Restricted share units granted under Long Term Incentive Plan
Post-transaction holdings
233,404 shares
Common stock directly owned after reported transactions
RSU vesting date
July 1, 2026
New restricted share units vest 100% on this date
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
"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 Josh R. Marion?
Kosmos Energy reported that SVP and General Counsel Josh R. Marion received 64,248 common shares as an award and sold 24,969 shares. The sale was to cover tax withholding from vesting restricted share units, not a discretionary open-market liquidation.
What equity award did the Kosmos Energy (KOS) SVP receive in this Form 4?
Josh R. Marion received an award of 64,248 Kosmos Energy common shares at a reported price of $0.00 per share. The footnotes describe these as restricted share units granted under the Long Term Incentive Plan, vesting 100% on July 1, 2026.
What are Josh R. Marion’s holdings in Kosmos Energy (KOS) after these transactions?
Following the reported award and tax-related sale, Josh R. Marion directly holds 233,404 shares of Kosmos Energy common stock. This figure reflects his position after the 64,248-share grant and the 24,969-share sale disclosed in the Form 4.