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  4. [Form 4] W&T OFFSHORE INC Insider Trading Activity

Director Nancy Chang of W&T Offshore (WTI) sells 60,000 shares for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

W&T Offshore Inc director Nancy T. Chang reported an open-market sale of 60,000 shares of Common Stock on 2026-07-15 at a weighted average price of $3.31 per share, with trades between $3.33 and $3.335. The company states the shares were sold to pay taxes upon the vesting of restricted stock units. After these transactions, Chang directly holds 156,100 shares of W&T Offshore common stock.

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Insider CHANG NANCY T
Role Director
Sold 60,000 shs ($199K)
Type Security Shares Price Value
Sale Common Stock 60,000 $3.31 $199K
Holdings After Transaction: Common Stock — 156,100 shares (Direct)
Footnotes (1)
  1. Shares were sold to pay taxes upon the vesting of restricted stock units. The price reported in column 4 is a weighted average sales price. These shares were sold at prices ranging from $3.33 to $3.335.
Shares sold 60,000 shares Common Stock sold on 2026-07-15 in open-market transactions
Weighted average sale price $3.31 per share Average price for the 60,000 shares of Common Stock sold
Sale price range $3.33 to $3.335 per share Range of prices at which the reported shares were sold
Shares owned after transaction 156,100 shares Directly held W&T Offshore Common Stock following the sale
restricted stock units financial
"Shares were sold to pay taxes upon the vesting of restricted stock units."
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.
weighted average sales price financial
"The price reported in column 4 is a weighted average sales price."
open-market sale financial
"transaction_action: open-market sale of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did Nancy T. Chang report for WTI?
Nancy T. Chang reported selling 60,000 shares of W&T Offshore Common Stock on 2026-07-15. The open-market sale was executed at a weighted average price of $3.31 per share in trades ranging between $3.33 and $3.335.

At what prices were the WTI shares sold in Nancy Chang's Form 4?
The 60,000 W&T Offshore shares were sold at a weighted average of $3.31 per share. According to the filing, individual trades occurred at prices ranging from $3.33 to $3.335 per share in open-market transactions.

Why did Nancy T. Chang sell 60,000 WTI shares?
The reported sale of 60,000 shares was made to pay taxes related to the vesting of restricted stock units. This indicates the transaction was tied to equity compensation tax obligations rather than a purely discretionary sale of existing holdings.

How many WTI shares does Nancy Chang hold after this Form 4 transaction?
Following the sale, Nancy T. Chang directly holds 156,100 shares of W&T Offshore Common Stock. This post-transaction balance reflects her remaining direct ownership after disposing of 60,000 shares in the tax-related open-market sale.

What type of security did Nancy Chang trade in this WTI Form 4?
Nancy T. Chang traded Common Stock of W&T Offshore Inc. The Form 4 shows a non-derivative transaction, meaning it involved actual shares rather than options or other derivatives, linked to the vesting of restricted stock units.
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*
CHANG NANCY T
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026		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
Common Stock07/15/2026S(1)60,000D$3.31(2)156,100D
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
Explanation of Responses:
1. Shares were sold to pay taxes upon the vesting of restricted stock units.
2. The price reported in column 4 is a weighted average sales price. These shares were sold at prices ranging from $3.33 to $3.335.
/s/ George J. Hittner, as attorney-in-fact07/16/2026
** 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)

Source: View Original Filing on SEC EDGAR