STOCK TITAN

W&T Offshore (NYSE: WTI) COO RSUs fully vest as shares withheld for taxes

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

Rhea-AI Filing Summary

W&T Offshore EVP & COO William J. Williford reported routine equity compensation activity. On June 5, 45,000 restricted stock units granted on June 5, 2023 vested, delivering 45,000 shares of common stock. To cover tax obligations, 17,708 shares were disposed of as a tax-withholding transaction, not an open-market sale. Following these events, he directly holds 405,172 shares of common stock, and the vested RSU grant is fully settled with no remaining units.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with tax withholding; no open-market trading signal.

William J. Williford, EVP & COO of W&T Offshore, had 45,000 restricted stock units granted on June 5, 2023 fully vest on June 5, 2026, converting into 45,000 common shares. This was the final tranche of that award, and no RSUs from this grant remain outstanding.

To satisfy tax obligations on the vesting, 17,708 common shares were disposed of at $3.70 per share via a tax-withholding disposition, coded "F". This is a mechanistic transfer to cover taxes rather than a discretionary open-market sale and typically carries limited informational value about the insider’s outlook.

After these transactions, Williford directly holds 405,172 common shares. With no derivative positions listed in the derivative summary, this filing mainly documents compensation delivery and associated tax withholding, a standard pattern for RSU vesting events.

Insider Williford William J
Role EVP & Chief Operating Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 45,000 $0.00 --
Exercise Common Stock 45,000 $0.00 --
Tax Withholding Common Stock 17,708 $3.70 $66K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 422,880 shares (Direct, null)
Footnotes (1)
  1. On June 5, 2026, the reporting person's 45,000 restricted stock units, which were granted on June 5, 2023, vested, and the reporting person received 45,000 shares of common stock. This represents the vesting of the final tranche of the grant. 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. Each grant of restricted stock units vests in three installments.
RSUs vested 45,000 units Restricted stock units granted June 5, 2023 vested June 5, 2026
Tax-withholding shares 17,708 shares Common shares disposed of at $3.70 per share for tax withholding
Tax-withholding price $3.70 per share Value used for 17,708-share tax-withholding disposition
Shares held after 405,172 shares Direct common stock holdings after June 5, 2026 transactions
Derivative positions remaining 0 units No remaining RSUs from the June 5, 2023 grant
restricted stock units financial
"the reporting person's 45,000 restricted stock units, which were granted on June 5, 2023, 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
"Payment of exercise price or tax liability by delivering securities"
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
"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*
Williford William J

(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 Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
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 Stock06/05/2026M45,000A(1)(2)422,880D
Common Stock06/05/2026F17,708D$3.7405,172D
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)06/05/2026M45,000 (1) (1)Common Stock45,000$00D
Explanation of Responses:
1. On June 5, 2026, the reporting person's 45,000 restricted stock units, which were granted on June 5, 2023, vested, and the reporting person received 45,000 shares of common stock. This represents the vesting of the final tranche of the grant.
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. Each grant of restricted stock units vests in three installments.
/s/ George J. Hittner, as attorney-in-fact06/09/2026
** 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 equity activity did W&T Offshore (WTI) report for William J. Williford?

W&T Offshore reported that EVP & COO William J. Williford had 45,000 restricted stock units vest into 45,000 common shares. These units were originally granted on June 5, 2023, and the June 5, 2026 vesting represented the final tranche of that grant.

How many W&T Offshore RSUs vested for the COO in this Form 4?

A total of 45,000 restricted stock units vested for W&T Offshore EVP & COO William J. Williford. Each unit converted into one share of common stock, completing the three-installment vesting schedule for the June 5, 2023 equity grant.

Were any W&T Offshore (WTI) shares sold on the open market in this filing?

No open-market sales were reported. The filing shows 17,708 shares disposed of as a tax-withholding transaction at $3.70 per share, meaning shares were withheld to cover taxes owed on the RSU vesting, not voluntarily sold into the market.

How many W&T Offshore shares does the COO hold after these transactions?

After the June 5, 2026 transactions, EVP & COO William J. Williford directly holds 405,172 shares of W&T Offshore common stock. This reflects the vested 45,000 shares from restricted stock units, net of 17,708 shares used to satisfy tax obligations.

What happened to the COO’s W&T Offshore restricted stock units in this Form 4?

The 45,000 restricted stock units granted on June 5, 2023 fully vested and were settled into 45,000 common shares. The filing notes this was the final tranche of that grant, leaving no remaining RSUs from this specific award outstanding.

How are W&T Offshore restricted stock units structured for the COO’s grant?

Each restricted stock unit represents a contingent right to receive one share of W&T Offshore common stock or its cash equivalent. The grant described in the filing vests in three installments, with the June 5, 2026 event marking the vesting of the final installment.