W&T Offshore Insider Tax-Withholding Sale Reduces Holdings to 100,189 Shares
Rhea-AI Filing Summary
Insider transaction summary for W&T Offshore, Inc. (WTI) George Hittner, Executive Vice President, General Counsel and Corporate Secretary, reported a disposal of 2,687 shares of WTI common stock on 09/01/2025 at a price of $1.82 per share. After the sale, Mr. Hittner beneficially owns 100,189 shares directly. The filing explains the shares were withheld to cover taxes related to restricted stock units that vest in twelve equal monthly installments following the grant date. The Form 4 was signed by an attorney-in-fact on 09/02/2025.
Positive
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Negative
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Insights
TL;DR: Routine tax-withholding sale; small disposition relative to beneficial ownership, not likely material to corporate control.
The reported transaction appears to be a common withholding of vested restricted stock units to satisfy tax obligations rather than an open-market strategic sale. The quantity sold, 2,687 shares at $1.82 each, reduced direct holdings to 100,189 shares. For investors, this type of transaction typically signals administrative settlement of compensation-related taxes and does not by itself indicate a change in insider sentiment or a material shift in ownership.
TL;DR: Compliance filing consistent with equity compensation practices; disclosure meets Section 16 requirements.
The explanatory note states the disposition was for tax withholding on restricted stock unit vesting, which aligns with standard equity compensation mechanics. The filing identifies the reporting person and role, the transaction code, and post-transaction holdings, and it is executed via attorney-in-fact signature. This is a routine Form 4 disclosure and appears procedurally complete.