W&T Offshore (NYSE: WTI) CFO RSUs vest, 44,410 shares used for tax

Rhea-AI Filing Summary

W&T Offshore EVP & CFO Sameer Parasnis reported routine equity compensation activity involving restricted stock units (RSUs). On May 16, 2026, 152,542 RSUs vested and were converted into 152,542 shares of common stock, representing the first tranche of a grant made on May 16, 2025.

To cover tax obligations, 44,410 shares of common stock were disposed of through a tax-withholding transaction at an indicated value of $4.75 per share. Following these transactions, Parasnis held 181,470 shares of common stock directly, and 305,085 RSUs remained outstanding, which will vest in later installments.

Insights

Insider trading and compensation analyst

Routine RSU vesting with tax withholding; no open-market buying or selling.

The transactions reflect standard equity compensation mechanics for W&T Offshore's CFO, not discretionary trading. A 152,542-unit RSU grant vested and converted into an equal number of common shares, consistent with the one-for-one settlement terms described.

A portion of the new shares, 44,410, was surrendered to satisfy tax obligations at an indicated value of $4.75 per share. No open-market purchases or sales occurred, and the filing shows the CFO retaining a substantial equity position after settlement. These features generally characterize the event as administrative rather than thesis-changing.

Insider Trade Summary

152,542 shares exercised/converted

Mixed 3 txns

Insider Parasnis Sameer

Role EVP & Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	152,542	$0.00	--
Exercise	Common Stock	152,542	$0.00	--
Tax Withholding	Common Stock	44,410	$4.75	$211K

Holdings After Transaction: Restricted Stock Units — 305,085 shares (Direct, null); Common Stock — 225,880 shares (Direct, null)

Footnotes (1)

1. On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 152,542 shares of common stock. This represents the vesting of the first tranche of the grant. Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments.

Key Figures

RSUs vested: 152,542 units Shares from RSU vesting: 152,542 shares Tax-withholding shares: 44,410 shares +3 more

6 metrics

RSUs vested 152,542 units Restricted stock units vested on May 16, 2026

Shares from RSU vesting 152,542 shares Common stock received upon RSU vesting

Tax-withholding shares 44,410 shares Shares surrendered to cover tax liability

Indicated share value $4.75 per share Value used in tax-withholding disposition

Common shares held after 181,470 shares CFO’s direct common stock holding after transactions

RSUs remaining 305,085 units Restricted stock units remaining after first tranche vested

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative security, tranche, +1 more

5 terms

Restricted Stock Units financial

"the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

tranche financial

"This represents the vesting of the first tranche of the grant."

A tranche is one slice of a larger financing or investment that is released, sold, or paid out in separate parts rather than all at once. Investors care because each slice can carry different risk, return and timing—like buying pieces of a cake where some slices are richer or come later—so the specific tranche you hold affects when you get paid and how much you might gain or lose.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parasnis Sameer

(Last) (First) (Middle)

5718 WESTHEIMER RD, SUITE 700

(Street)

HOUSTON TEXAS 77057

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
W&T OFFSHORE INC [ WTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/16/2026		M		152,542	A(1)	(2)	225,880	D
Common Stock	05/16/2026		F		44,410	D	$4.75	181,470	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	05/16/2026		M			152,542	(1)	(1)	Common Stock	152,542	$0	305,085	D

Explanation of Responses:

1. On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 152,542 shares of common stock. This represents the vesting of the first tranche of the grant.

2. Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments.

	/s/ Steven Lackey, as attorney-in-fact	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did WTI CFO Sameer Parasnis report on this Form 4?

W&T Offshore CFO Sameer Parasnis reported RSU vesting and related tax withholding. 152,542 restricted stock units vested into common shares, and 44,410 shares were surrendered to cover taxes, with no open-market buying or selling disclosed in the transactions.

How many WTI restricted stock units vested for the CFO on May 16, 2026?

On May 16, 2026, 152,542 restricted stock units for W&T Offshore’s CFO vested. Each RSU converted into one share of common stock, representing the first tranche of an RSU grant originally awarded on May 16, 2025 under the company’s compensation program.

Did the WTI CFO sell shares in the open market in this Form 4?

The Form 4 shows no open-market sales by the W&T Offshore CFO. Instead, 44,410 shares were disposed of through a tax-withholding transaction, where shares are surrendered back to cover tax liabilities from RSU vesting, not sold on the open market.

What is the CFO’s WTI common stock holding after these transactions?

After the reported RSU vesting and tax-withholding disposition, the W&T Offshore CFO directly holds 181,470 shares of common stock. This reflects his remaining equity stake following the conversion of vested RSUs and the surrender of some shares to satisfy tax obligations.

How many WTI restricted stock units remain outstanding for the CFO after vesting?

Following the vesting of 152,542 restricted stock units, the Form 4 shows 305,085 RSUs remaining for the W&T Offshore CFO. These units vest in three installments, so additional tranches are expected to convert into common shares in future periods as they vest.

How do WTI restricted stock units work for the CFO’s grant?

Each W&T Offshore restricted stock unit represents a right to receive one share of common stock or cash. The CFO’s grant vests in three installments, with 152,542 units forming the first tranche. Upon vesting, units settle into shares, triggering related tax obligations.