Kosmos Energy (NYSE: KOS) CAO sells shares to cover RSU taxes
Rhea-AI Filing Summary
Kosmos Energy Ltd. VP & Chief Accounting Officer Ronald W. Glass reported equity compensation activity and related share sales. He received 31,196 restricted share units of common stock on an award coded as an acquisition, granted under the company’s Long Term Incentive Plan and scheduled to vest 100% on July 1, 2026, subject to plan and award terms.
Following the vesting of restricted share units, 12,128 shares of common stock were sold at a weighted average price of $2.05 per share, with actual sales prices ranging from $2.00 to $2.115 per share, to satisfy tax withholding obligations. After these transactions, Glass directly held 358,700 shares of Kosmos Energy common stock.
Positive
- None.
Negative
- None.
Insights
Routine equity grant and tax-related share sale by Kosmos Energy officer.
VP & Chief Accounting Officer Ronald W. Glass received 31,196 restricted share units under Kosmos Energy’s Long Term Incentive Plan, vesting on July 1, 2026. This is a non-cash, compensation-related award coded as an acquisition.
To cover tax withholding from the vesting of restricted share units, 12,128 shares of common stock were sold at a weighted average of $2.05 per share, within a $2.00–$2.115 range. The filing shows no derivative positions and reports 358,700 shares owned directly after the transactions, indicating routine compensation and tax events rather than a directional change in exposure.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,128 | $2.05 | $25K |
| Grant/Award | Common Stock | 31,196 | $0.00 | -- |
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.