STOCK TITAN

W&T Offshore Insider Tax-Withholding Sale Reduces Holdings to 100,189 Shares

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

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

  • None.

Negative

  • None.

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.

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
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*
Hittner George

(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, GC & Corporate Secretary
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
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(1) 09/01/2025 F 2,687 D $1.82 100,189 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
Explanation of Responses:
1. Represents common stock withheld for taxes related to restricted stock units which vest in twelve equal installments on the first day of each month following the grant date.
/s/ Steven Lackey, as attorney-in-fact 09/02/2025
** 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 did the WTI insider sell according to the Form 4?

The filing shows 2,687 shares of W&T Offshore common stock were disposed of on 09/01/2025 at $1.82 per share.

Why were the shares disposed of by George Hittner?

The filing explains the shares were withheld to cover taxes related to restricted stock units vesting monthly following the grant date.

How many WTI shares does the reporting person own after the transaction?

After the reported transaction, the filing shows 100,189 shares beneficially owned directly.

What is George Hittner’s role at WTI listed on the Form 4?

He is listed as EVP, General Counsel & Corporate Secretary and an officer of the issuer.

When was the Form 4 signed and by whom?

The Form 4 was signed by Steven Lackey, as attorney-in-fact on 09/02/2025.
W&T Offshore

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