W&T Offshore (WTI) CTO logs 8,312 RSU vesting and 3,271-share tax withholding
Rhea-AI Filing Summary
W&T Offshore EVP & Chief Technical Officer Huan Gamblin reported the vesting of 8,312 restricted stock units on August 8, 2026, from an award granted on August 8, 2024. Upon vesting, he received 8,312 shares of common stock. On the same date, 3,271 common shares were delivered or withheld at $3.43 per share for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,041 shares
Net Buy
3 txns
Insider
Gamblin Huan
Role
EVP & Chief Technical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1 | 8,312 | $0.00 | $0.00 |
| Exercise | Common Stock F2, F1 | 8,312 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 3,271 | $3.43 | $11K |
Holdings After Transaction:
Restricted Stock Units — 8,312 shares (Direct);
Common Stock — 134,517 shares (Direct)
Footnotes (2)
- F1. On August 8, 2026, the reporting person's 8,312 restricted stock units, which were granted on August 8, 2024, vested, and the reporting person received 8,312 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 WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.
Key Figures
RSUs Vested: 8,312 restricted stock units
Common Shares Received: 8,312 shares of common stock
Shares Delivered/Withheld: 3,271 common shares
+1 more
4 metrics
RSUs Vested
8,312 restricted stock units
Vested on August 8, 2026, from grant dated August 8, 2024
Common Shares Received
8,312 shares of common stock
Shares received upon vesting of restricted stock units
Shares Delivered/Withheld
3,271 common shares
Delivered or withheld for exercise price or tax liability
Share Value for Withholding
$3.43 per share
Price applied to 3,271 common shares for payment of exercise price or tax liability
Key Terms
Restricted Stock Units, contingent right, exercise price or tax liability
3 terms
Restricted Stock Units financial
"the reporting person's 8,312 restricted stock units, which were granted on August 8, 2024"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WTI EVP Huan Gamblin report on this Form 4?
Huan Gamblin reported the vesting of 8,312 restricted stock units on August 8, 2026, receiving 8,312 common shares as the second tranche of an award granted on August 8, 2024.
What is the relationship between WTI restricted stock units and common stock in this filing?
Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined by W&T Offshore at settlement, linking RSUs directly to common equity.
When were the WTI restricted stock units originally granted to Huan Gamblin?
The 8,312 restricted stock units that vested on August 8, 2026, were originally granted on August 8, 2024, and this vesting represents the second tranche of that grant.
Does this WTI Form 4 show an open market buy or sell by Huan Gamblin?
No open market buy or sell is shown. The Form 4 reports RSU vesting into common stock and shares delivered or withheld to pay exercise price or tax liability, not discretionary market trades.