WTI Form 4: 56,074 RSUs Vest for EVP; Beneficial Ownership Now 268,469
Rhea-AI Filing Summary
Williford William J., EVP & Chief Operating Officer of W&T Offshore, Inc. (WTI), reported transactions dated 08/08/2025. On that date 56,074 restricted stock units vested (granted 08/08/2024) and the reporting person received 56,074 shares of common stock. The filing states each restricted stock unit represents a contingent right to one share or a cash equivalent and that each grant vests in three installments.
The Form 4 also shows a disposition of 22,066 shares at $1.73. Following the reported transactions the reporting person is shown as beneficially owning 268,469 shares (direct). The form was signed by an attorney-in-fact on 08/12/2025.
Positive
- 56,074 restricted stock units vested and were settled into 56,074 shares of common stock, reflecting compensation alignment with management
- Grant documentation included vesting schedule detail: each RSU may convert to one share or cash and vests in three installments
Negative
- 22,066 shares were disposed of at a price of $1.73, reducing direct beneficial ownership to 268,469 shares
Insights
TL;DR: Routine executive RSU vesting led to receipt of 56,074 shares; a separate disposition of 22,066 shares occurred at $1.73.
The filing documents a standard equity compensation event: the vesting of the first tranche of a 2024 restricted stock unit grant and settlement into common shares. The disclosure is explicit about the number of units vested and that each unit may settle in stock or cash; it does not state purpose for the 22,066-share disposition. For investors this is a transparent, non-extraordinary insider event and does not by itself imply a change in company fundamentals.
TL;DR: This is a routine insider disclosure reflecting compensation vesting and a share disposition; no governance concerns are evident from the filing.
The report identifies the reporting person as an officer (EVP & Chief Operating Officer) and records the vesting schedule detail that the RSU grant vests in three installments. The form is properly executed by an attorney-in-fact. The filing contains required detail about quantities and prices but does not disclose any unusual transaction structure or related-party arrangements that would raise governance flags based on the text provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 56,074 | $0.00 | -- |
| Exercise | Common Stock | 56,074 | $0.00 | -- |
| Tax Withholding | Common Stock | 22,066 | $1.73 | $38K |
Footnotes (1)
- On August 8, 2025, the reporting person's 56,074 restricted stock units, which were granted on August 8, 2024, vested, and the reporting person received 56,074 shares of common stock. This represents the vesting of the first 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.
FAQ
What insider transactions did WTI EVP Williford report on Form 4?
What is Williford's role at WTI as listed on the Form 4?
When were the restricted stock units originally granted and how do they vest?
When was the Form 4 signed and filed?