Director at W&T Offshore (NYSE: WTI) sells 60,000 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W&T Offshore Inc. director Virginia Boulet reported an open-market sale of 60,000 shares of Common Stock on 2026-07-14 at $3.5400 per share. According to a footnote, the shares were sold to pay taxes upon the vesting of restricted stock units. Following the transaction, she directly owns 487,597 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,000 shares ($212,400)
Net Sell
1 txn
Insider
Boulet Virginia
Role
Director
Sold
60,000 shs ($212K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 60,000 | $3.54 | $212K |
Holdings After Transaction:
Common Stock — 487,597 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 60,000 shares
Sale price: $3.5400 per share
Shares owned after sale: 487,597 shares
3 metrics
Shares sold
60,000 shares
Open-market sale of Common Stock on 2026-07-14
Sale price
$3.5400 per share
Price received per share in the 60,000-share sale
Shares owned after sale
487,597 shares
Direct ownership by Virginia Boulet following the transaction
Key Terms
restricted stock units, open-market sale, Common Stock
3 terms
restricted stock units financial
"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.
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did W&T Offshore (WTI) director Virginia Boulet report?
Virginia Boulet reported an open-market sale of 60,000 W&T Offshore (WTI) shares on 2026-07-14 at $3.5400 per share. The transaction involved Common Stock and was reported as a non-derivative sale on a Form 4 filing.
Does Virginia Boulet’s W&T Offshore (WTI) transaction involve derivatives or options?
The reported transaction involves non-derivative Common Stock only. The Form 4 shows a sale of 60,000 shares and an empty derivative summary, while a footnote explains the sale was tied to taxes owed on vesting restricted stock units, not to option exercises.