STOCK TITAN

W&T Offshore (WTI) awards 29,184 restricted stock units to accounting chief

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

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 Hartman Bart P. III
Role VP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 29,184 $0.00 --
Holdings After Transaction: Restricted Stock Units — 29,184 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
RSUs granted 29,184 units Grant of restricted stock units to VP & Chief Accounting Officer
Holdings after transaction 29,184 units Total restricted stock units beneficially owned following grant
Vesting date 1 May 29, 2027 First one-third of RSUs vest
Vesting date 2 May 29, 2028 Second one-third of RSUs vest
Vesting date 3 May 29, 2029 Final one-third of RSUs vest
Restricted Stock Units financial
"The filing reports a grant of 29,184 Restricted Stock Units to the insider."
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 or cash equivalent."
vest financial
"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."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficially owned financial
"Total shares following the transaction of 29,184 units are listed as beneficially owned."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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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*
Hartman Bart P. III

(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)
VP & Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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
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(1)05/29/2026A29,184 (2) (2)Common Stock29,184$029,184D
Explanation of Responses:
1. 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.
2. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ George J. Hittner, as attorney-in-fact06/02/2026
** 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 transaction did W&T Offshore (WTI) report for Bart P. Hartman III?

W&T Offshore reported a grant of 29,184 restricted stock units to VP & Chief Accounting Officer Bart P. Hartman III. These units are part of his equity compensation and were acquired at no cash cost under a Form 4 filing.

How many restricted stock units did WTI grant in this Form 4 filing?

The filing shows a grant of 29,184 restricted stock units. Each unit is a contingent right to receive one share of W&T Offshore common stock or its cash equivalent, as determined at settlement by the company.

When do Bart P. Hartman III’s WTI restricted stock units vest?

The restricted stock units vest in three equal installments. One-third vests on May 29, 2027, another third on May 29, 2028, and the final third on May 29, 2029, creating a three-year vesting schedule.

What does each WTI restricted stock unit represent for the insider?

Each restricted stock unit represents a contingent right to receive one share of W&T Offshore common stock or its cash equivalent. The company will determine at settlement whether delivery is in stock or cash, according to the filing footnote.

Is the WTI Form 4 transaction a purchase or a compensation award?

The Form 4 describes the transaction as a grant or award acquisition of restricted stock units. It is compensation-related, not an open-market stock purchase, and carries a transaction code “A” for grant, award, or other acquisition.

How many WTI restricted stock units does Bart P. Hartman III hold after this grant?

After the reported grant, total holdings are 29,184 restricted stock units. The Form 4 lists this figure as the total beneficially owned following the transaction, all held directly according to the ownership coding in the filing.