W&T Offshore grants 29,184 RSUs to executive
Hartman Bart P. III reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hartman Bart P. III reported acquisition or exercise transactions in this Form 4 filing.
W&T Offshore reported that its VP & Chief Accounting Officer, Bart P. Hartman III, received a grant of 29,184 restricted stock units. Each unit represents a right to receive one share of W&T Offshore common stock or its cash equivalent at settlement.
The restricted stock units will vest in three equal installments on May 29, 2027, May 29, 2028, and May 29, 2029, aligning Mr. Hartman’s compensation with the company’s longer-term performance. Following this grant, he is reported as holding 29,184 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29,184 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.
- F2. The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest financial
beneficially owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did W&T Offshore (WTI) report for Bart P. Hartman III?
How many restricted stock units did WTI grant in this Form 4 filing?
When do Bart P. Hartman III’s WTI restricted stock units vest?
What does each WTI restricted stock unit represent for the insider?
Is the WTI Form 4 transaction a purchase or a compensation award?
How many WTI restricted stock units does Bart P. Hartman III hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.