Kosmos Energy (NYSE: KOS) CFO granted RSUs, sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kosmos Energy Ltd. reported insider equity activity by SVP and CFO Nealesh D. Shah. He received a grant of 118,329 restricted share units under the company’s Long Term Incentive Plan, scheduled to vest 100% on July 1, 2026, subject to plan terms and his award agreement.
In a related move, 45,980 common shares were sold at a weighted average price of $2.05 per share, with actual sale prices ranging from $2.00 to $2.115. According to the disclosure, these shares were sold solely to satisfy tax withholding requirements arising from the vesting of restricted share units. Following these transactions, Shah directly owns 1,935,410 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 45,980 shares ($94,259)
Net Sell
2 txns
Insider
Shah Nealesh D.
Role
SVP and CFO
Sold
45,980 shs ($94K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,980 | $2.05 | $94K |
| Grant/Award | Common Stock | 118,329 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,935,410 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 for tax: 45,980 shares
Weighted average sale price: $2.05 per share
RSUs granted: 118,329 units
+2 more
5 metrics
Shares sold for tax
45,980 shares
Common Stock sold to satisfy tax withholding
Weighted average sale price
$2.05 per share
Common Stock sale price range $2.00–$2.115
RSUs granted
118,329 units
Restricted share units under Long Term Incentive Plan
Post-transaction holdings
1,935,410 shares
Common Stock directly owned after transactions
RSU vesting date
July 1, 2026
Restricted share units scheduled to vest 100%
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
"These 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 Nealesh Shah?
Kosmos Energy reported that SVP and CFO Nealesh Shah received 118,329 restricted share units and was involved in a sale of 45,980 common shares. The sale was tied to tax withholding obligations from restricted share unit vesting, rather than a discretionary open-market liquidation.
What was the size and nature of the equity grant to Kosmos Energy’s CFO?
Nealesh Shah received 118,329 restricted share units under Kosmos Energy’s Long Term Incentive Plan. These restricted share units are scheduled to vest 100% on July 1, 2026, subject to the plan’s conditions and the specific terms of his applicable award agreement.