STOCK TITAN

[Form 4] W&T Offshore, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Parasnis Sameer, EVP & Chief Financial Officer of W&T Offshore, Inc. (WTI), had restricted stock units vest on 08/08/2025. The vested award of 56,074 restricted stock units (granted 08/08/2024) converted into 56,074 shares of common stock, described as the first tranche of a grant that vests in three installments. Each restricted stock unit represents a contingent right to receive one share or a cash equivalent as determined at settlement by WTI.

The filing also records a disposition of 13,655 common shares at a price of $1.73 per share on the same date. Following the reported transactions, the filing shows 112,150 shares reported as beneficially owned.

Parasnis Sameer, EVP e direttore finanziario di W&T Offshore, Inc. (WTI), ha visto maturare unità azionarie soggette a restrizioni in data 08/08/2025. L'assegnazione maturata di 56,074 unità azionarie soggette a restrizioni (concesse il 08/08/2024) è stata convertita in 56,074 azioni ordinarie, descritta come la prima tranche di una concessione che matura in tre rate. Ciascuna unità rappresenta il diritto condizionato a ricevere un'azione o l'equivalente in contanti, determinato al regolamento da WTI.

La comunicazione registra anche la disposizione di 13,655 azioni ordinarie a un prezzo di $1.73 per azione nella stessa data. Dopo le operazioni segnalate, risultano 112,150 azioni dichiarate come detenute a titolo beneficiario.

Parasnis Sameer, EVP y director financiero de W&T Offshore, Inc. (WTI), tuvo unidades de acciones restringidas que vencieron el 08/08/2025. La adjudicación que venció de 56,074 unidades de acciones restringidas (concedidas el 08/08/2024) se convirtió en 56,074 acciones ordinarias, descrita como el primer tramo de una concesión que vence en tres entregas. Cada unidad de acciones restringidas representa el derecho condicional a recibir una acción o el equivalente en efectivo, según lo determine WTI al liquidar.

El informe también registra la enajenación de 13,655 acciones ordinarias a un precio de $1.73 por acción en la misma fecha. Tras las transacciones informadas, el archivo muestra 112,150 acciones reportadas como propiedad beneficiaria.

Parasnis Sameer, W&T Offshore, Inc. (WTI)의 EVP 겸 최고재무책임자(CFO), 에게 제한부 주식단위(RSU)가 08/08/2025에 확정되었습니다. 확정된 56,074개의 제한부 주식단위(부여일: 08/08/2024)는 56,074주의 보통주로 전환되었으며, 이는 3회에 걸쳐 베스팅되는 지급의 첫 번째 트랜치로 설명됩니다. 각 제한부 주식단위는 결제 시 WTI가 결정하는 현금 등가물 또는 1주의 주식을 수령할 수 있는 조건부 권리를 의미합니다.

해당 공시는 동일한 날짜에 13,655주의 보통주를 주당 $1.73에 처분한 기록도 포함하고 있습니다. 보고된 거래 이후, 공시된 바에 따르면 112,150주를 실질적으로 보유하고 있는 것으로 나타납니다.

Parasnis Sameer, EVP et directeur financier de W&T Offshore, Inc. (WTI), a vu des unités d'actions restreintes acquérir le droit le 08/08/2025. La rémunération acquise de 56,074 unités d'actions restreintes (attribuées le 08/08/2024) a été convertie en 56,074 actions ordinaires, décrite comme la première tranche d'une attribution qui se libère en trois versements. Chaque unité restreinte représente le droit conditionnel de recevoir une action ou l'équivalent en espèces déterminé par WTI au règlement.

La déclaration enregistre également la cession de 13,655 actions ordinaires au prix de $1.73 par action à la même date. Après les opérations signalées, la déclaration indique que 112,150 actions sont détenues à titre bénéficiaire.

Parasnis Sameer, EVP und Chief Financial Officer von W&T Offshore, Inc. (WTI), hatte am 08/08/2025 Restricted Stock Units, die fällig wurden. Die fällige Zuwendung von 56,074 Restricted Stock Units (gewährt am 08/08/2024) wurde in 56,074 Stammaktien umgewandelt und wird als die erste Tranche einer in drei Raten vestenden Zuteilung beschrieben. Jede Restricted Stock Unit stellt das bedingte Recht dar, bei Abrechnung eine Aktie oder einen von WTI festgelegten Barwert zu erhalten.

Die Meldung verzeichnet außerdem eine Veräußerung von 13,655 Stammaktien zum Preis von $1.73 je Aktie am selben Datum. Nach den gemeldeten Transaktionen werden 112,150 Aktien als wirtschaftlich gehalten angegeben.

Positive
  • 56,074 restricted stock units vested and were converted into 56,074 shares, increasing reported insider ownership
  • Disclosure is complete for the reported transactions, showing beneficial ownership following the vesting
Negative
  • 13,655 common shares were disposed at $1.73 per share on the reported date

Insights

TL;DR: Executive received vested equity and reported a contemporaneous partial disposition; transaction appears routine and non-disruptive.

The Form 4 shows the EVP & CFO received 56,074 shares upon vesting of restricted stock units, the first tranche of a multi-step grant that vests in three installments. The filing also reports a disposal of 13,655 shares at $1.73 each. These entries are disclosed and transparent, consistent with compensation vesting schedules and required Section 16 reporting. No indications of unusual timing or additional related-party arrangements are stated in the filing.

TL;DR: The transaction increases insider-held shares but includes a modest sale; impact on capitalization appears immaterial from the filing.

The report documents conversion of RSUs into 56,074 common shares and a contemporaneous disposition of 13,655 shares at $1.73. The filing lists 112,150 shares as beneficially owned following the events. Absent additional financial context or materiality thresholds tied to WTI's market capitalization, these movements read as routine executive equity compensation activity rather than a material corporate event.

Parasnis Sameer, EVP e direttore finanziario di W&T Offshore, Inc. (WTI), ha visto maturare unità azionarie soggette a restrizioni in data 08/08/2025. L'assegnazione maturata di 56,074 unità azionarie soggette a restrizioni (concesse il 08/08/2024) è stata convertita in 56,074 azioni ordinarie, descritta come la prima tranche di una concessione che matura in tre rate. Ciascuna unità rappresenta il diritto condizionato a ricevere un'azione o l'equivalente in contanti, determinato al regolamento da WTI.

La comunicazione registra anche la disposizione di 13,655 azioni ordinarie a un prezzo di $1.73 per azione nella stessa data. Dopo le operazioni segnalate, risultano 112,150 azioni dichiarate come detenute a titolo beneficiario.

Parasnis Sameer, EVP y director financiero de W&T Offshore, Inc. (WTI), tuvo unidades de acciones restringidas que vencieron el 08/08/2025. La adjudicación que venció de 56,074 unidades de acciones restringidas (concedidas el 08/08/2024) se convirtió en 56,074 acciones ordinarias, descrita como el primer tramo de una concesión que vence en tres entregas. Cada unidad de acciones restringidas representa el derecho condicional a recibir una acción o el equivalente en efectivo, según lo determine WTI al liquidar.

El informe también registra la enajenación de 13,655 acciones ordinarias a un precio de $1.73 por acción en la misma fecha. Tras las transacciones informadas, el archivo muestra 112,150 acciones reportadas como propiedad beneficiaria.

Parasnis Sameer, W&T Offshore, Inc. (WTI)의 EVP 겸 최고재무책임자(CFO), 에게 제한부 주식단위(RSU)가 08/08/2025에 확정되었습니다. 확정된 56,074개의 제한부 주식단위(부여일: 08/08/2024)는 56,074주의 보통주로 전환되었으며, 이는 3회에 걸쳐 베스팅되는 지급의 첫 번째 트랜치로 설명됩니다. 각 제한부 주식단위는 결제 시 WTI가 결정하는 현금 등가물 또는 1주의 주식을 수령할 수 있는 조건부 권리를 의미합니다.

해당 공시는 동일한 날짜에 13,655주의 보통주를 주당 $1.73에 처분한 기록도 포함하고 있습니다. 보고된 거래 이후, 공시된 바에 따르면 112,150주를 실질적으로 보유하고 있는 것으로 나타납니다.

Parasnis Sameer, EVP et directeur financier de W&T Offshore, Inc. (WTI), a vu des unités d'actions restreintes acquérir le droit le 08/08/2025. La rémunération acquise de 56,074 unités d'actions restreintes (attribuées le 08/08/2024) a été convertie en 56,074 actions ordinaires, décrite comme la première tranche d'une attribution qui se libère en trois versements. Chaque unité restreinte représente le droit conditionnel de recevoir une action ou l'équivalent en espèces déterminé par WTI au règlement.

La déclaration enregistre également la cession de 13,655 actions ordinaires au prix de $1.73 par action à la même date. Après les opérations signalées, la déclaration indique que 112,150 actions sont détenues à titre bénéficiaire.

Parasnis Sameer, EVP und Chief Financial Officer von W&T Offshore, Inc. (WTI), hatte am 08/08/2025 Restricted Stock Units, die fällig wurden. Die fällige Zuwendung von 56,074 Restricted Stock Units (gewährt am 08/08/2024) wurde in 56,074 Stammaktien umgewandelt und wird als die erste Tranche einer in drei Raten vestenden Zuteilung beschrieben. Jede Restricted Stock Unit stellt das bedingte Recht dar, bei Abrechnung eine Aktie oder einen von WTI festgelegten Barwert zu erhalten.

Die Meldung verzeichnet außerdem eine Veräußerung von 13,655 Stammaktien zum Preis von $1.73 je Aktie am selben Datum. Nach den gemeldeten Transaktionen werden 112,150 Aktien als wirtschaftlich gehalten angegeben.

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 TX 77057

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/08/2025 M 56,074 A(1) (2) 86,993 D
Common Stock 08/08/2025 F 13,655 D $1.73 73,338 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) 08/08/2025 M 56,074 (1) (1) Common Stock 56,074 $0 112,150 D
Explanation of Responses:
1. On August 8, 2025, the reporting person's 56,074 restricted stock units, which were granted on August 8, 2024, vested, and the reporting person received 56,074 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 08/12/2025
** 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.

FAQ

What happened in the WTI Form 4 filed for Parasnis Sameer?

The filing shows 56,074 restricted stock units vested and converted into 56,074 common shares on 08/08/2025, and a disposition of 13,655 shares at $1.73 per share.

How many WTI shares does the reporting person beneficially own after these transactions?

The Form 4 reports 112,150 shares as beneficially owned following the reported transactions.

What were the terms of the restricted stock units (RSUs)?

Each RSU represents a contingent right to receive one share of common stock or a cash equivalent, and each grant vests in three installments as stated in the filing.

When did the RSU grant being reported originate?

The restricted stock units were granted on 08/08/2024, per the filing.

What role does Parasnis Sameer hold at WTI?

The filing identifies Parasnis Sameer as an Officer, specifically EVP & Chief Financial Officer of W&T Offshore, Inc.
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