STOCK TITAN

W&T Offshore (NYSE: WTI) director adds 103,448 shares and receives 35,972 new RSUs

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

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 Boulet Virginia
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 35,972 $0.00 --
Exercise Restricted Stock Units 103,448 $0.00 --
Exercise Common Stock 103,448 $0.00 --
Holdings After Transaction: Restricted Stock Units — 35,972 shares (Direct, null); Common Stock — 547,597 shares (Direct, null)
Footnotes (1)
  1. 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. 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. 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.
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
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"
annual shareholder meeting financial
"will vest on the earlier of June 3, 2027, or the date of WTI's next annual shareholder meeting"
A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.
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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*
Boulet Virginia

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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
Common Stock06/03/2026M103,448A(1)(2)547,597D
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(2)06/03/2026A35,972 (3) (3)Common Stock35,972$035,972D
Restricted Stock Units(2)06/03/2026M103,448 (1) (1)Common Stock103,448$00D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ George J. Hittner, as attorney-in-fact06/05/2026
** 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 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.

How many WTI common shares does Virginia Boulet hold after the reported Form 4 transactions?

After the reported transactions, Virginia Boulet directly holds 547,597 shares of W&T Offshore common stock. This total reflects the receipt of 103,448 shares upon vesting of restricted stock units granted in 2025, as disclosed in the Form 4 filing and related footnotes.

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.