W&T Offshore Inc. (WTI) COO RSUs vest; 22,066 shares withheld at $3.43
Rhea-AI Filing Summary
W&T Offshore EVP & Chief Operating Officer William J. Williford reported the vesting and settlement of 56,075 restricted stock units on August 8, 2026. The vested units, originally granted on August 8, 2024, converted into 56,075 shares of common stock. Of these, 22,066 shares of common stock at $3.43 per share were delivered or withheld to cover the exercise price or tax liability, with the remainder retained as stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 34,009 shares
Net Buy
3 txns
Insider
Williford William J
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1 | 56,075 | $0.00 | $0.00 |
| Exercise | Common Stock F2, F1 | 56,075 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 22,066 | $3.43 | $76K |
Holdings After Transaction:
Restricted Stock Units — 56,075 shares (Direct);
Common Stock — 409,181 shares (Direct)
Footnotes (2)
- F1. On August 8, 2026, the reporting person's 56,075 restricted stock units, which were granted on August 8, 2024, vested, and the reporting person received 56,075 shares of common stock. This represents the vesting of the second tranche of the grant.
- F2. 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.
Key Figures
RSUs vested: 56,075 units
Common shares received: 56,075 shares
Shares delivered/withheld: 22,066 shares
+1 more
4 metrics
RSUs vested
56,075 units
Restricted stock units vesting on August 8, 2026 from August 8, 2024 grant
Common shares received
56,075 shares
Shares of W&T Offshore common stock issued upon RSU vesting
Shares delivered/withheld
22,066 shares
Shares delivered or withheld to pay exercise price or tax liability
Per-share amount for code F
$3.43 per share
Price applied to 22,066 shares delivered or withheld
Key Terms
Restricted Stock Units, contingent right, cash equivalent
3 terms
Restricted Stock Units financial
"56,075 restricted stock units, which were granted on August 8, 2024, 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"
cash equivalent financial
"one share of common stock or its cash equivalent, as determined at the time"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did WTI executive William J. Williford report on this Form 4?
William J. Williford reported the vesting of 56,075 restricted stock units, granted August 8, 2024, which settled into 56,075 common shares. This filing reflects equity compensation becoming actual W&T Offshore Inc. (WTI) stock.
What type of WTI securities were involved in Williford’s 56,075-unit transaction?
The transaction involved 56,075 restricted stock units, each representing a contingent right to receive one share of common stock or its cash equivalent, vesting in three installments as described by W&T Offshore Inc. (WTI).
When did the reported WTI restricted stock units vest for William J. Williford?
The 56,075 restricted stock units vested on August 8, 2026. These units were originally granted on August 8, 2024, and this vesting represents the second tranche of that grant according to the disclosure.
Does this WTI Form 4 show an open-market stock sale by the executive?
No, the Form 4 shows no open-market sale. It reports RSU vesting, conversion into 56,075 shares, and 22,066 shares delivered or withheld to pay the exercise price or tax liability, not a discretionary market sale.