New Fortress Energy (NFE) CAO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New Fortress Energy Inc. Chief Accounting Officer Michael T. Lowe reported equity activity tied to vesting of restricted stock units. On February 3, 2026, he acquired 8,089 shares of Class A common stock at $0 per share through option/RSU exercise. The same day, 4,916 shares were withheld at $1.31 per share to cover tax liabilities, and the footnote clarifies that no shares were sold into the market. Following these transactions, Lowe directly owned 16,486 shares of New Fortress Energy Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lowe Michael Thomas
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock | 8,089 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,916 | $1.31 | $6K |
Holdings After Transaction:
Class A Common Stock — 21,402 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did NFE Chief Accounting Officer Michael T. Lowe report?
Michael T. Lowe reported RSU-related share activity. He acquired 8,089 shares of New Fortress Energy Class A common stock at $0 via vesting, with 4,916 shares withheld to cover tax obligations, and ended holding 16,486 shares directly.
What do the transaction codes M and F mean in Michael T. Lowe’s NFE Form 4?
Code M indicates shares from derivative exercise or RSU vesting. Lowe received 8,089 shares at $0 under code M. Code F reflects tax withholding, where 4,916 shares were withheld at $1.31 to satisfy tax obligations, not market sales.
What role does Michael T. Lowe hold at New Fortress Energy (NFE) in this Form 4?
Michael T. Lowe serves as Chief Accounting Officer of New Fortress Energy. The Form 4 identifies him as an officer, not a director or 10% owner, and reports his direct beneficial ownership of Class A common stock after RSU vesting.