SunCoke Energy (SXC) SVP receives 39,981 RSUs and settles PSU awards
Rhea-AI Filing Summary
SunCoke Energy, Inc. Senior Vice President Phillip Michael Hardesty reported several equity award transactions involving restricted stock units (RSUs), performance share units (PSUs), and common stock. On February 19, 2026, he received a grant of 39,981 RSUs at a conversion rate of 1-for-1 into SunCoke common shares, vesting in three equal annual installments.
On February 23–24, 2026, previously granted RSUs and PSUs were settled and converted into common stock, including blocks of 8,683, 7,792, and 8,688 shares. In connection with these vestings, a total of several thousand shares, including 4,570, 4,108, and 3,686 shares, were withheld by SunCoke at prices such as $5.88 and $6.22 per share to satisfy minimum statutory tax withholding requirements, rather than being open‑market sales. One transaction for 10,695 shares reflects settlement of a PSU award for the completed three‑year performance period. After these transactions, Hardesty directly owned 286,177 shares of SunCoke common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs (02.23.2023) | 8,683 | $0.00 | -- |
| Exercise | RSUs (02.22.2024) | 7,792 | $0.00 | -- |
| Exercise | Common Stock | 8,683 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,108 | $5.88 | $24K |
| Exercise | Common Stock | 7,792 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,686 | $6.22 | $23K |
| Other | Common Stock | 10,695 | $0.00 | -- |
| Exercise | RSUs (02.21.2025) | 8,688 | $0.00 | -- |
| Exercise | Common Stock | 8,688 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,570 | $6.22 | $28K |
| Grant/Award | RSUs (02.19.2026) | 39,981 | $0.00 | -- |
Footnotes (1)
- Conversion rate is 1 for 1. Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of RSUs. Represents settlement of Performance Share Unit ("PSU") award granted February 23, 2023 pursuant to SunCoke Energy, Inc. ("SXC") Long Term Performance Plan in a transaction exempt under Rule 16b-3. PSU award settled, at the end of applicable three-year vesting period, in shares of SXC common stock, (net of shares withheld by Registrant to satisfy statutory tax withholding requirements). 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.