Director at Kosmos Energy (NYSE: KOS) receives 62,044 RSUs award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STICE J MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Kosmos Energy Ltd. director J. Michael Stice received an equity grant of 62,044 shares of common stock valued at $2.74 per share. After this award, he holds 269,664 shares directly. The grant consists of restricted share units under the company’s Long Term Incentive Plan and is scheduled to vest 100% on the earlier of May 28, 2027 or the day immediately before the first annual shareholder meeting following the grant date, subject to plan and award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STICE J MICHAEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,044 | $2.74 | $170K |
Holdings After Transaction:
Common Stock — 269,664 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 62,044 shares
Grant valuation price: $2.74 per share
Post-grant holdings: 269,664 shares
+1 more
4 metrics
RSU grant size
62,044 shares
Restricted share units granted to director on May 28, 2026
Grant valuation price
$2.74 per share
Reported transaction price per Kosmos Energy share
Post-grant holdings
269,664 shares
Total common shares directly held after the transaction
Vesting date
May 28, 2027
RSUs vest 100% on this date or earlier per meeting condition
Key Terms
restricted share units, Long Term Incentive Plan, vest, annual shareholder meeting
4 terms
Long Term Incentive Plan financial
"were 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.
vest financial
"and are scheduled to vest 100% on the earlier of May 28, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Kosmos Energy (KOS) report for J. Michael Stice?
Kosmos Energy reported that director J. Michael Stice received 62,044 shares of common stock as a grant. These restricted share units were awarded under the company’s Long Term Incentive Plan and increase his direct holdings to 269,664 shares.
Was the Kosmos Energy (KOS) insider transaction a market purchase or a grant?
The transaction was a grant of restricted share units, not an open-market purchase. The filing classifies it as a grant or award acquisition under the Long Term Incentive Plan, with shares provided as compensation rather than bought in the market.
What is the vesting schedule for the new Kosmos Energy (KOS) RSU grant?
The 62,044 restricted share units are scheduled to vest 100% on May 28, 2027. They may also vest earlier on the day immediately before the first annual shareholder meeting after the grant date, subject to plan and award agreement terms.