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W&T Offshore (NYSE: WTI) EVP has 152,542 RSUs vest with tax withholding

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

Rhea-AI Filing Summary

W&T Offshore EVP & Chief Technical Officer Huan Gamblin reported RSU vesting and related tax withholding. On May 16, 2026, 152,542 restricted stock units granted on May 16, 2025 vested, and he received 152,542 shares of common stock. To cover tax obligations, 40,526 shares were disposed of at $4.75 per share. Following these transactions, he holds 155,431 common shares directly and 305,085 restricted stock units representing contingent rights to additional W&T Offshore common stock or cash equivalents.

Positive

  • None.

Negative

  • None.
Insider Gamblin Huan
Role EVP & Chief Technical Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 152,542 $0.00 --
Exercise Common Stock 152,542 $0.00 --
Tax Withholding Common Stock 40,526 $4.75 $192K
Holdings After Transaction: Restricted Stock Units — 305,085 shares (Direct, null); Common Stock — 195,957 shares (Direct, null)
Footnotes (1)
  1. On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 152,542 shares of common stock. This represents the vesting of the first tranche of the grant. 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.
RSUs vested 152,542 units Restricted stock units vested on May 16, 2026
Tax-withholding shares 40,526 shares Common shares disposed to cover tax obligations
Tax-withholding price $4.75 per share Value used for 40,526-share tax-withholding disposition
Common shares held 155,431 shares Direct W&T Offshore holdings after reported transactions
RSUs outstanding 305,085 units Restricted stock units held after the vesting event
Restricted Stock Units financial
"On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 40,526 common shares at $4.75 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" related to 152,542 restricted stock units"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of WTI common stock"
Form 4 Insider Transactions: What Each Field Means →
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*
Gamblin Huan
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Technical Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/16/2026		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 Stock05/16/2026M152,542A(1)(2)195,957D
Common Stock05/16/2026F40,526D$4.75155,431D
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)05/16/2026M152,542 (1) (1)Common Stock152,542$0305,085D
Explanation of Responses:
1. On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 152,542 shares of common stock. This represents the vesting of the first tranche of the grant.
2. 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.
/s/ Steven Lackey, as attorney-in-fact05/19/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did WTI executive Huan Gamblin report on May 16, 2026?

Huan Gamblin reported vesting of 152,542 restricted stock units on May 16, 2026. These units converted into 152,542 W&T Offshore common shares, representing the first tranche of a grant originally awarded on May 16, 2025 as part of his compensation.

How many WTI shares were withheld for taxes from Huan Gamblin’s RSU vesting?

A total of 40,526 W&T Offshore common shares were disposed of to satisfy tax obligations. This tax-withholding disposition occurred at $4.75 per share in connection with the vesting and settlement of 152,542 restricted stock units into common stock.

How many WTI shares does Huan Gamblin hold after these Form 4 transactions?

After the reported transactions, Huan Gamblin directly holds 155,431 W&T Offshore common shares. This figure reflects shares received from the RSU vesting, net of the 40,526 shares disposed of to cover associated tax liabilities on May 16, 2026.

What are WTI restricted stock units and how are they settled for Huan Gamblin?

Each W&T Offshore restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent. Settlement form is determined by W&T Offshore at the time of settlement, as disclosed in the footnotes to the Form 4 filing.

How many WTI restricted stock units does Huan Gamblin hold after the vesting event?

Following the vesting of 152,542 restricted stock units, Huan Gamblin is shown holding 305,085 restricted stock units. These units continue to represent contingent rights to receive W&T Offshore common stock or cash equivalents, subject to the company’s settlement decision.