W&T Offshore EVP RSUs vest; shares withheld for tax
W&T Offshore executive George Hittner reported a compensation-related share vesting and tax withholding transaction.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
W&T Offshore executive George Hittner reported a compensation-related share vesting and tax withholding transaction. On May 16, 2026, 152,542 restricted stock units granted on May 16, 2025 vested, and he received 152,542 shares of common stock. To cover tax obligations, 40,526 shares of common stock were disposed of at $4.75 per share through share withholding rather than an open-market sale. Following these transactions, he directly owned 212,205 shares of W&T Offshore common stock. Each vested restricted stock unit represented a right to receive one share of common stock or its cash equivalent, as determined at settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 152,542 | $0.00 | $0.00 |
| Exercise | Common Stock | 152,542 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 40,526 | $4.75 | $192K |
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
derivative exercise/conversion financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did W&T Offshore (WTI) executive George Hittner report?
Were George Hittner’s W&T Offshore transactions open-market buys or sells?
What happened to George Hittner’s 152,542 restricted stock units in W&T Offshore?
How is each restricted stock unit defined in the W&T Offshore filing for George Hittner?
AI-generated analysis. How Rhea-AI works. Not financial advice.