STOCK TITAN

W&T Offshore (NYSE: WTI) director receives new RSU grant and shares

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

Rhea-AI Filing Summary

Buchanan John D reported acquisition or exercise transactions in this Form 4 filing.

W&T Offshore director John D. Buchanan increased his stake through equity compensation events. On June 3, 2026, 103,448 previously granted restricted stock units vested, and he received 103,448 shares of common stock. Following this vesting, he directly held 177,340 common shares.

On the same date, he received a new grant of 35,972 restricted stock units, each representing a right to one share of common stock or its cash equivalent, as determined at settlement by W&T Offshore. These new units will vest on the earlier of June 3, 2027, or the company’s next annual shareholder meeting, subject to stated conditions.

Positive

  • None.

Negative

  • None.
Insider Buchanan John D
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 — 177,340 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 103,448 units Restricted stock units vested into 103,448 common shares on June 3, 2026
Shares received on vesting 103,448 shares Common stock received by Buchanan upon RSU vesting on June 3, 2026
Shares held after transactions 177,340 shares Direct common stock holdings following June 3, 2026 Form 4 transactions
New RSU grant 35,972 units Restricted stock units granted on June 3, 2026 to Buchanan
RSU-to-share ratio 1 unit = 1 share Each RSU represents a contingent right to one share or cash equivalent
New RSU vesting date June 3, 2027 Vests on earlier of June 3, 2027 or next annual shareholder meeting
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
"The restricted stock units 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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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*
Buchanan John D

(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)177,340D
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 activity did W&T Offshore (WTI) report for John D. Buchanan?

W&T Offshore reported that director John D. Buchanan had 103,448 restricted stock units vest into 103,448 common shares and received a new grant of 35,972 restricted stock units, all as part of his equity-based compensation on June 3, 2026.

How many W&T Offshore (WTI) shares does John D. Buchanan hold after this Form 4?

After the June 3, 2026 transactions, John D. Buchanan directly holds 177,340 shares of W&T Offshore common stock. This reflects the addition of 103,448 shares received upon vesting of previously granted restricted stock units disclosed in the Form 4.

What happened to the 103,448 restricted stock units reported for W&T Offshore (WTI)?

The 103,448 restricted stock units granted to John D. Buchanan on June 3, 2025 vested on June 3, 2026. Upon vesting, he received 103,448 shares of W&T Offshore common stock, and those specific restricted stock units ceased to exist after settlement.

What new equity award did John D. Buchanan receive from W&T Offshore (WTI)?

On June 3, 2026, John D. Buchanan received a new grant of 35,972 restricted stock units from W&T Offshore. Each unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at settlement by the company.

When will John D. Buchanan’s new W&T Offshore (WTI) restricted stock units vest?

The 35,972 restricted stock units granted to John D. Buchanan will vest on the earlier of June 3, 2027, or the date of W&T Offshore’s next annual shareholder meeting, subject to specified conditions outlined in the award’s vesting terms.

What does each W&T Offshore (WTI) restricted stock unit represent in Buchanan’s award?

Each restricted stock unit in John D. Buchanan’s W&T Offshore award represents a contingent right to receive one share of common stock or its cash equivalent. The company determines whether settlement is in shares or cash at the time of settlement.