W&T Offshore (NYSE: WTI) COO RSUs fully vest as shares withheld for taxes
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
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Negative
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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 Trade Summary
| 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 |
Footnotes (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.