Kosmos Energy CFO gets RSUs, sells shares for tax
Kosmos Energy Ltd. reported insider equity activity by SVP and CFO Nealesh D. Shah.
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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.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,980 | $2.05 | $94K |
| Grant/Award | Common Stock | 118,329 | $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
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