STOCK TITAN

W&T Offshore (NYSE: WTI) awards CEO Tracy Krohn 522,449 RSUs vesting through 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KROHN TRACY W reported acquisition or exercise transactions in this Form 4 filing.

W&T Offshore reported that Chairman, CEO & President Tracy W. Krohn received a grant of 522,449 restricted stock units (RSUs) on May 29, 2026. Each RSU is a contingent right to receive one share of W&T common stock or its cash equivalent at settlement.

The RSUs vest in three equal installments: one-third on May 29, 2027, one-third on May 29, 2028, and one-third on May 29, 2029. Following this award, Krohn is reported as holding 522,449 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider KROHN TRACY W
Role Chairman, CEO & President
Type Security Shares Price Value
Grant/Award Restricted Stock Units 522,449 $0.00 --
Holdings After Transaction: Restricted Stock Units — 522,449 shares (Direct, null)
Footnotes (1)
  1. 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. The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029.
RSUs granted 522,449 units Award date May 29, 2026
Transaction price per RSU $0.00 Compensation grant, not a purchase
RSUs after transaction 522,449 units Total RSUs held directly following grant
First vesting date May 29, 2027 1/3 of RSUs vest
Second vesting date May 29, 2028 1/3 of RSUs vest
Final vesting date May 29, 2029 Final 1/3 of RSUs vest
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent"
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 of WTI common stock or its cash equivalent"
cash equivalent financial
"one share of WTI common stock or its cash equivalent, as determined at the time of settlement"
vest financial
"The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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SEC Form 4
FORM 4UNITED 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*
KROHN TRACY W

(Last)(First)(Middle)
5718 WESTHEIMER RD, SUITE 700

(Street)
HOUSTON TEXAS 77057

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
W&T OFFSHORE INC [ WTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chairman, CEO & President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/29/2026A522,449 (2) (2)Common Stock522,449$0522,449D
Explanation of Responses:
1. 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.
2. The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029.
Remarks:
Exhibit 24 - Power of Attorney
/s/ George J. Hittner, as attorney-in-fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity award did WTI grant to CEO Tracy Krohn in this Form 4?

W&T Offshore granted CEO Tracy Krohn 522,449 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at settlement by the company.

When do Tracy Krohn’s 522,449 WTI RSUs vest?

Krohn’s 522,449 RSUs vest in three equal tranches. One-third vests on May 29, 2027, another third on May 29, 2028, and the final third on May 29, 2029, subject to the award terms.

How many WTI restricted stock units does Tracy Krohn hold after this grant?

After the reported transaction, Tracy Krohn is shown holding 522,449 restricted stock units directly. This figure reflects the RSU award reported in the filing and indicates his derivative equity-based position from this specific grant.

Does Tracy Krohn pay a price per share for the 522,449 WTI RSUs?

The reported grant shows a transaction price per share of $0.00 for the 522,449 RSUs. This indicates the award is compensation-based rather than a purchase, consistent with standard restricted stock unit grants to executives.

What does each WTI restricted stock unit granted to Tracy Krohn represent?

Each RSU represents a contingent right to receive either one share of W&T Offshore common stock or its cash equivalent. The company determines at settlement whether delivery will be in shares or cash, according to the plan terms.