WTI director gains 103,448 shares via RSU vesting
Boulet Virginia reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Boulet Virginia reported acquisition or exercise transactions in this Form 4 filing.
W&T Offshore director Virginia Boulet reported routine equity compensation changes. On June 3, 2026, 103,448 previously granted restricted stock units vested, delivering 103,448 shares of common stock, bringing her direct common stock holdings to 547,597 shares. She also received a new grant of 35,972 restricted stock units, each representing a contingent right to one share or its cash equivalent, scheduled to vest on the earlier of June 3, 2027, or W&T Offshore’s next annual shareholder meeting, subject to conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
103,448 shares exercised/converted
Exercise
3 txns
Insider
Boulet Virginia
Role
Director
| 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 |
Holdings After Transaction:
Restricted Stock Units — 35,972 contracts (Direct);
Common Stock — 547,597 shares (Direct)
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
RSUs vested into shares: 103,448 shares
Common shares held after transaction: 547,597 shares
New RSU grant: 35,972 restricted stock units
+2 more
5 metrics
RSUs vested into shares
103,448 shares
Restricted stock units granted June 3, 2025 vested on June 3, 2026
Common shares held after transaction
547,597 shares
Direct W&T Offshore common stock holdings after RSU vesting
New RSU grant
35,972 restricted stock units
RSUs granted June 3, 2026, with contingent right to one share each
RSU settlement value
$0.00 per unit
Reported transaction price per restricted stock unit in Form 4
New RSU vesting date
Earlier of June 3, 2027 or next shareholder meeting
Vesting schedule for 35,972 RSUs, subject to conditions
Key Terms
Restricted Stock Units, contingent right, cash equivalent, annual shareholder meeting
4 terms
Restricted Stock Units financial
"the reporting person's 103,448 restricted stock units, which were granted on June 3, 2025, vested"
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 common stock"
cash equivalent financial
"one share of common stock or its cash equivalent, as determined at the time of settlement"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WTI director Virginia Boulet report on June 3, 2026?
Virginia Boulet reported the vesting of 103,448 restricted stock units into 103,448 shares of W&T Offshore common stock. These shares increased her direct common stock holdings to 547,597 shares, reflecting routine equity compensation rather than an open-market purchase or sale.
What new restricted stock units did Virginia Boulet receive from WTI in 2026?
On June 3, 2026, Virginia Boulet received a new grant of 35,972 restricted stock units from W&T Offshore. Each unit represents a contingent right to one share of common stock or its cash equivalent, as determined at settlement by the company, according to the disclosure.
When will Virginia Boulet’s 2026 WTI restricted stock units vest?
The 35,972 restricted stock units granted to Virginia Boulet will vest on the earlier of June 3, 2027, or the date of W&T Offshore’s next annual shareholder meeting. Vesting remains subject to certain conditions described in the Form 4 footnotes and applicable award terms.
Were Virginia Boulet’s WTI transactions open-market buys or sells of stock?
The reported transactions were not open-market buys or sells. They reflect an exercise of restricted stock units into 103,448 common shares and a new award of 35,972 restricted stock units, both at a stated price of $0.00 per unit, consistent with equity compensation practices.
What do WTI restricted stock units represent for Virginia Boulet?
Each W&T Offshore restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent. The actual form of settlement is determined by W&T Offshore at the time of settlement, as explained in the Form 4 footnote language.
AI-generated analysis. How Rhea-AI works. Not financial advice.
