W&T Offshore (WTI) CFO granted 220,409 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Parasnis Sameer reported acquisition or exercise transactions in this Form 4 filing.

W&T Offshore EVP & Chief Financial Officer Sameer Parasnis received a grant of 220,409 restricted stock units tied to WTI common stock. Each unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at settlement.

The 220,409 restricted stock units vest in three equal installments: one-third on May 29, 2027, one-third on May 29, 2028, and one-third on May 29, 2029. Following this grant, Parasnis holds 220,409 restricted stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Parasnis Sameer

Role EVP & Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	220,409	$0.00	--

Holdings After Transaction: Restricted Stock Units — 220,409 shares (Direct, null)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI. The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029.

Key Figures

RSU grant size: 220,409 restricted stock units Post-grant RSU holdings: 220,409 restricted stock units First vesting tranche: 1/3 of 220,409 RSUs +2 more

5 metrics

RSU grant size 220,409 restricted stock units Award to EVP & CFO Sameer Parasnis on May 29, 2026

Post-grant RSU holdings 220,409 restricted stock units Total restricted stock units following the reported transaction

First vesting tranche 1/3 of 220,409 RSUs Scheduled to vest on May 29, 2027

Second vesting tranche 1/3 of 220,409 RSUs Scheduled to vest on May 29, 2028

Third vesting tranche 1/3 of 220,409 RSUs Scheduled to vest on May 29, 2029

Key Terms

Restricted Stock Units, contingent right, cash equivalent, vest

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent"

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.

contingent right financial

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

cash equivalent financial

"one share of WTI common stock or its cash equivalent, as determined at the time of settlement"

vest financial

"The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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Form 4 Insider Transactions: What Each Field Means →

06/02/2026 - 06:10 PM

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)
05/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/29/2026		A			220,409	⁽²⁾	⁽²⁾	Common Stock	220,409	$0	220,409	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.

2. The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ George J. Hittner, as attorney-in-fact	06/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did WTI EVP & CFO Sameer Parasnis report on this Form 4?

Sameer Parasnis reported receiving 220,409 restricted stock units as a grant. These units are linked to W&T Offshore common stock and were acquired at no exercise price, reflecting equity-based compensation rather than an open-market purchase or sale.

How many W&T Offshore (WTI) restricted stock units were granted to the CFO?

The CFO received 220,409 restricted stock units in this award. Each unit represents a contingent right to one share of W&T Offshore common stock or its cash equivalent, depending on how the company chooses to settle at vesting.

What is the vesting schedule for Sameer Parasnis’s 220,409 WTI restricted stock units?

The 220,409 restricted stock units vest in three equal installments over three years. One-third vests on May 29, 2027, another third on May 29, 2028, and the final third on May 29, 2029, subject to continued service conditions.

Does the WTI CFO’s restricted stock unit grant involve any immediate cash payment?

The grant shows a price per unit of 0.0000, so no cash was paid for the award. Value comes later when units settle into common stock or cash, following the scheduled vesting dates and the company’s settlement choice.

What does each WTI restricted stock unit granted to the CFO represent?

Each restricted stock unit represents a contingent right to receive one share of W&T Offshore common stock or its cash equivalent. The company determines at settlement whether delivery is in shares or cash, after vesting conditions are satisfied.