WTI Form 4: Gamblin Huan Receives 8,311 Shares and Sells 2,024

Rhea-AI Filing Summary

Gamblin Huan, EVP & Chief Technical Officer of W&T Offshore (WTI), had 8,311 restricted stock units granted on August 8, 2024 vest on August 8, 2025, and received 8,311 shares of WTI common stock.

Following the vesting, the reporting person disposed of 2,024 shares at a price of $1.73 per share. The filings show the reporting person beneficially owned 45,439 shares after the vesting event and 43,415 shares following the reported disposition. Each restricted stock unit represents a contingent right to one share or a cash equivalent at settlement.

Positive

• 8,311 restricted stock units vested and were settled into 8,311 shares, as disclosed
• Form 4 filed and signed, providing transparent disclosure of the insider transactions

Negative

• 2,024 shares were disposed at $1.73 per share, representing an insider sale
• Beneficial ownership decreased from 45,439 to 43,415 shares following the disposition

Insights

Financial Analyst

Routine RSU vesting with a small sale; no material change to share count.

The Form 4 reports the vesting of 8,311 RSUs into common shares and a subsequent disposition of 2,024 shares at $1.73 each, leaving 43,415 shares beneficially owned. This sequence is a standard compensation settlement plus a modest sale; on its face it is unlikely to be material to the company's capitalization or to alter control dynamics given the absolute share counts disclosed.

Corporate Governance Expert

Clear, timely disclosure of insider vesting and sale; conforms to Section 16 reporting.

The filing documents the vesting mechanics: RSUs granted 08/08/2024 vested 08/08/2025 and were settled in shares, and the reporting person reported a disposal of 2,024 shares at $1.73. The explanation clarifies each RSU equals one share or cash equivalent at settlement. The Form 4 signature and dates are present, supporting regulatory transparency.

SEC Form 4

FORM 4

UNITED 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

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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^*

Gamblin Huan

(Last) (First) (Middle)

5718 WESTHEIMER RD, SUITE 700

(Street)

HOUSTON TX 77057

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
W&T OFFSHORE INC [ WTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Technical Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/08/2025		M		8,311	A(1)	(2)	45,439	D
Common Stock	08/08/2025		F		2,024	D	$1.73	43,415	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/08/2025		M			8,311	(1)	(1)	Common Stock	8,311	$0	16,624	D

Explanation of Responses:

1. On August 8, 2025, the reporting person's 8,311 restricted stock units, which were granted on August 8, 2024, vested, and the reporting person received 8,311 shares of common stock. This represents the vesting of the first tranche of the grant.

2. 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.

	/s/ Steven Lackey, as attorney-in-fact	08/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transactions did the WTI Form 4 report?

The Form 4 reports the vesting of 8,311 RSUs into 8,311 shares on 08/08/2025 and a disposal of 2,024 shares at $1.73 per share.

Who is the reporting person on the WTI Form 4?

The reporting person is Gamblin Huan, who is listed as EVP & Chief Technical Officer of W&T Offshore (WTI).

How many WTI shares did the reporting person own after the transactions?

The filing shows 45,439 shares beneficially owned after the vesting event and 43,415 shares following the reported disposition.

When did the RSUs vest and when were the transactions reported?

The RSUs vested on 08/08/2025; the Form 4 signature date is 08/12/2025.

What does each restricted stock unit represent?

Each RSU represents a contingent right to receive one share of WTI common stock or a cash equivalent, as determined at settlement.