SunCoke Energy (NYSE: SXC) VP reports RSU awards and vesting details
Rhea-AI Filing Summary
SunCoke Energy, Inc. officer Karl Adam Zabiello, VP Chief Accounting Officer & Treasurer, filed an initial statement of beneficial ownership reporting restricted share units (RSUs) tied to the company’s common stock.
The filing lists RSUs granted on 02.22.2024 covering 1,630 underlying shares, RSUs granted on 02.21.2025 covering 4,194 underlying shares, and RSUs granted on 02.19.2026 covering 12,669 underlying shares, all held directly. According to the grant disclosure, these RSUs were awarded under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3 and vest in three equal annual installments on the first, second and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Zabiello Karl Adam
Role
VP Chief Acctg Officer & Treas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | RSUs (02.22.2024) | -- | -- | -- |
| holding | RSUs (02.21.2025) | -- | -- | -- |
| holding | RSUs (02.19.2026) | -- | -- | -- |
Holdings After Transaction:
RSUs (02.22.2024) — 1,630 shares (Direct);
RSUs (02.21.2025) — 4,194 shares (Direct);
RSUs (02.19.2026) — 12,669 shares (Direct)
Footnotes (2)
- F1. Grant of restricted share units awarded pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3. The restricted share units vest in three equal annual installments on the first, second and third anniversary of the grant date.
- F2. Not applicable.
Key Figures
RSUs (02.22.2024) underlying shares: 1,630 shares
RSUs (02.21.2025) underlying shares: 4,194 shares
RSUs (02.19.2026) underlying shares: 12,669 shares
3 metrics
RSUs (02.22.2024) underlying shares
1,630 shares
Underlying common stock reported as directly held RSUs
RSUs (02.21.2025) underlying shares
4,194 shares
Underlying common stock reported as directly held RSUs
RSUs (02.19.2026) underlying shares
12,669 shares
Underlying common stock reported as directly held RSUs
Key Terms
restricted share units, Omnibus Long-Term Incentive Plan, Rule 16b-3
3 terms
Omnibus Long-Term Incentive Plan financial
"awarded pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3"
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3. The restricted share units vest in three equal annual installments"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does SunCoke Energy (SXC) disclose about Karl Adam Zabiello’s RSU holdings?
The filing shows Karl Adam Zabiello holding several restricted share unit awards tied to SunCoke common stock, including 1,630 units from a 02.22.2024 grant, 4,194 units from a 02.21.2025 grant, and 12,669 units from a 02.19.2026 grant.
How do Karl Adam Zabiello’s SunCoke (SXC) RSUs vest over time?
The restricted share units were granted under SunCoke Energy’s Omnibus Long-Term Incentive Plan and vest in three equal annual installments. Vesting occurs on the first, second and third anniversaries of each RSU grant date, creating a multi‑year incentive schedule for the officer.
What incentive plan governs the RSUs reported for SunCoke (SXC) officer Karl Adam Zabiello?
The RSUs are granted pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan. The filing states the grants are restricted share units awarded under this plan and identifies them as a transaction exempt under Rule 16b-3, a provision governing certain insider compensation awards.
Are Karl Adam Zabiello’s RSU grants at SunCoke (SXC) exempt under any SEC rule?
Yes. The disclosure states the restricted share unit grants to Karl Adam Zabiello were awarded in a transaction exempt under Rule 16b-3. This SEC rule provides an exemption for certain issuer‑approved compensation arrangements for insiders, including stock and RSU awards.
What role does Karl Adam Zabiello hold at SunCoke Energy (SXC) in this Form 3?
In the filing, Karl Adam Zabiello is identified as an officer of SunCoke Energy, Inc. with the title "VP Chief Acctg Officer & Treas." This indicates he serves as Vice President, Chief Accounting Officer and Treasurer while holding the reported restricted share units.