W&T Offshore (NYSE: WTI) VP sells 6,000 shares to cover tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W&T Offshore executive Bart P. Hartman III, VP & Chief Accounting Officer, reported an open-market sale of 6,000 shares of common stock on 2026-07-14 at a weighted average price of $3.54 per share, with prices ranging from $3.535 to $3.5501. Footnotes state the shares were sold to pay taxes upon the vesting of restricted stock units. After this transaction, Hartman directly holds 41,120 shares of W&T Offshore common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,000 shares ($21,240)
Net Sell
1 txn
Insider
Hartman Bart P. III
Role
VP & Chief Accounting Officer
Sold
6,000 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $3.54 | $21K |
Holdings After Transaction:
Common Stock — 41,120 shares (Direct)
Footnotes (1)
- Shares were sold to pay taxes upon the vesting of restricted stock units. The price reported in column 4 is a weighted average sales price. These shares were sold at prices ranging from $3.535 to $3.5501.
Key Figures
Shares sold: 6,000 shares
Weighted average sale price: $3.5400 per share
Sale price range: $3.535 to $3.5501 per share
+1 more
4 metrics
Shares sold
6,000 shares
Open-market sale by VP & Chief Accounting Officer on 2026-07-14
Weighted average sale price
$3.5400 per share
Price received for the 6,000 shares sold
Sale price range
$3.535 to $3.5501 per share
Range of prices for trades comprising the reported sale
Shares owned after transaction
41,120 shares
Direct holdings of Bart P. Hartman III following the sale
Key Terms
open-market sale, restricted stock units, weighted average sales price
3 terms
open-market sale financial
"The transaction was reported as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"Shares were sold to pay taxes upon the vesting of restricted stock units."
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.
weighted average sales price financial
"The price reported in column 4 is a weighted average sales price."
FAQ
What insider transaction did W&T Offshore (WTI) report for Bart P. Hartman III?
W&T Offshore reported that Bart P. Hartman III, its VP & Chief Accounting Officer, sold 6,000 shares of common stock on 2026-07-14. The sale was an open-market transaction and, according to footnotes, was made to pay taxes upon the vesting of restricted stock units.
Was the W&T Offshore (WTI) insider transaction an open-market sale?
Yes. The filing classifies the transaction as an open-market sale of common stock, coded as an “S” transaction. The shares were sold at market prices between $3.535 and $3.5501, with a weighted average price reported as $3.54 per share.