W&T Offshore CFO RSUs vest, shares withheld
W&T Offshore EVP & CFO Sameer Parasnis reported equity-based transactions tied to restricted stock units (RSUs).
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Rhea-AI Filing Summary
W&T Offshore EVP & CFO Sameer Parasnis reported equity-based transactions tied to restricted stock units (RSUs). On August 8, 2026, 56,075 RSUs granted on August 8, 2024 vested as the second tranche of a three-installment grant, and were settled in 56,075 shares of common stock. On the same date, 22,066 common shares at $3.43 per share were delivered or withheld to satisfy the exercise price or tax liability associated with this vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1 | 56,075 | $0.00 | $0.00 |
| Exercise | Common Stock F2, F1 | 56,075 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 22,066 | $3.43 | $76K |
Footnotes (2)
- F1. On August 8, 2026, the reporting person's 56,075 restricted stock units, which were granted on August 8, 2024, vested, and the reporting person received 56,075 shares of common stock. This represents the vesting of the second tranche of the grant.
- F2. 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
Key Terms
Restricted Stock Units financial
contingent right financial
cash equivalent financial
Payment of exercise price or tax liability by delivering or withholding securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transaction did WTI EVP & Chief Financial Officer Sameer Parasnis report?
How many WTI RSUs vested for the CFO in this Form 4 filing?
What common stock did the WTI CFO acquire upon RSU vesting?
Over how many installments do the WTI CFO’s RSU grants vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.