[Form 4] W&T OFFSHORE INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W&T Offshore vice president and chief accounting officer Bart P. Hartman III reported routine equity compensation activity. On May 16, 2026, 20,197 restricted stock units vested, delivering 20,197 shares of common stock as the first tranche of a prior grant. To cover related obligations, 4,918 shares of common stock were disposed of as a tax-withholding transaction, not an open-market sale. Following these transactions, Hartman directly holds 43,506 shares of W&T Offshore common stock. Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, and each grant vests in three installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,197 shares exercised/converted
Mixed
3 txns
Insider
Hartman Bart P. III
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,197 | $0.00 | -- |
| Exercise | Common Stock | 20,197 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,918 | $4.75 | $23K |
Holdings After Transaction:
Restricted Stock Units — 40,396 shares (Direct, null);
Common Stock — 48,424 shares (Direct, null)
Footnotes (1)
- On May 16, 2026, the reporting person's 20,197 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 20,197 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: 20,197 units
Shares received: 20,197 shares
Tax-withholding shares: 4,918 shares at $4.75
+2 more
5 metrics
RSUs vested
20,197 units
Restricted stock units vested on May 16, 2026
Shares received
20,197 shares
Common stock delivered upon RSU vesting
Tax-withholding shares
4,918 shares at $4.75
Shares disposed to cover obligations
Post-transaction holdings
43,506 shares
Direct common stock owned after transactions
Derivative exercises
20,197 shares
Shares acquired via derivative exercise/conversion
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, contingent right, +1 more
5 terms
Restricted Stock Units financial
"On May 16, 2026, the reporting person's 20,197 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 exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent"
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.
