W&T Offshore (WTI) EVP sells 30,000 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gamblin Huan, EVP & Chief Technical Officer of W&T Offshore Inc, reported an open-market sale of 30,000 shares of common stock on 2026-07-14 at a weighted average price of $3.55 per share, with trade prices ranging from $3.55 to $3.56. According to the disclosure, the shares were sold to pay taxes arising from the vesting of restricted stock units. Following this transaction, Huan directly holds 129,476 shares of W&T Offshore common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($106,500)
Net Sell
1 txn
Insider
Gamblin Huan
Role
EVP & Chief Technical Officer
Sold
30,000 shs ($107K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $3.55 | $107K |
Holdings After Transaction:
Common Stock — 129,476 shares (Direct)
Footnotes (1)
- Shares were sold to pay taxes upon the vesting of restricted stock units. The price reported in column 4 is a weighted average sales price. These shares were sold at prices ranging from $3.55 to $3.56.
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $3.55 per share
Sale price range: $3.55–$3.56 per share
+1 more
4 metrics
Shares sold
30,000 shares
Open-market sale on 2026-07-14 by EVP & Chief Technical Officer
Weighted average sale price
$3.55 per share
Price reported for the 30,000 shares sold
Sale price range
$3.55–$3.56 per share
Range of prices at which the shares were sold
Shares owned after transaction
129,476 shares
Direct holdings of Gamblin Huan following the sale
Key Terms
restricted stock units, weighted average sales price, open-market sale
3 terms
restricted stock units financial
"to pay taxes upon the vesting of restricted stock units"
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.
weighted average sales price financial
"The price reported in column 4 is a weighted average sales price."
open-market sale financial
"transaction_action":"open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.