W&T Offshore director exercises 103,448 RSUs
W&T Offshore director Stanley B. Frank reported equity compensation activity involving restricted stock units (RSUs).
Rhea-AI Filing Summary
W&T Offshore director Stanley B. Frank reported equity compensation activity involving restricted stock units (RSUs). On June 3, 2026, 103,448 RSUs granted on June 3, 2025 vested, and he received 103,448 shares of common stock. Following this exercise, he directly holds 497,073 common shares.
On the same date, he was granted an additional 35,972 RSUs, each representing a right to one share of common stock or its cash equivalent. These new RSUs will vest on the earlier of June 3, 2027, or the date of W&T Offshore’s next annual shareholder meeting, subject to specified conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 35,972 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 103,448 | $0.00 | $0.00 |
| Exercise | Common Stock | 103,448 | $0.00 | $0.00 |
Footnotes (3)
- F1. On June 3, 2026, the reporting person's 103,448 restricted stock units, which were granted on June 3, 2025, vested, and the reporting person received 103,448 shares of common stock.
- 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.
- F3. The restricted stock units will vest on the earlier of June 3, 2027, or the date of WTI's next annual shareholder meeting, subject to certain conditions.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
cash equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WTI director Stanley B. Frank report?
What are the key details of the new RSU grant reported by WTI?
Did the WTI insider Form 4 show any open-market stock purchases or sales?
How many restricted stock units vested for the WTI director on June 3, 2026?
When will the newly granted WTI restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.