W&T Offshore (WTI) CFO sells 30,000 shares to cover tax obligations

Rhea-AI Filing Summary

W&T Offshore EVP & Chief Financial Officer Sameer Parasnis reported an open-market sale of 30,000 shares of Common Stock on July 14, 2026 at an average price of $3.56 per share. A footnote explains the shares were sold to pay taxes upon the vesting of restricted stock units, and Parasnis continues to hold 165,588 shares directly.

Insider Trade Summary

Net Seller: 30,000 shares ($106,800)

Net Sell 1 txn

Insider Parasnis Sameer

Role EVP & Chief Financial Officer

Sold 30,000 shs ($107K)

Type	Security	Shares	Price	Value
Sale	Common Stock	30,000	$3.56	$107K

Holdings After Transaction: Common Stock — 165,588 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 30,000 shares Sale price per share: $3.56 Shares owned after transaction: 165,588 shares +1 more

4 metrics

Shares sold 30,000 shares Common Stock sale on July 14, 2026 by EVP & Chief Financial Officer

Sale price per share $3.56 Average price for 30,000 shares of Common Stock sold

Shares owned after transaction 165,588 shares Direct Common Stock holdings following the reported sale

Net insider share change -30,000 shares Net effect of reported transactions in this Form 4

Key Terms

restricted stock units, open-market sale, Common Stock

3 terms

restricted stock units financial

"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.

open-market sale financial

"reported an open-market sale of 30,000 shares 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.

Common Stock financial

"30,000 shares of Common Stock on July 14, 2026"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/16/2026 - 04:40 PM Accepted by SEC EDGAR 07/16/2026 - 04:40 PM Learn about SEC filing dates

FAQ

What insider transaction did W&T Offshore (WTI) report for Sameer Parasnis?

W&T Offshore reported that CFO Sameer Parasnis executed an open-market sale of 30,000 shares of Common Stock. The transaction occurred on July 14, 2026 and reflects a routine insider trade disclosed under Form 4 reporting requirements.

How many W&T Offshore (WTI) shares did the CFO sell and at what price?

CFO Sameer Parasnis sold 30,000 W&T Offshore Common Stock shares at an average price of $3.56 per share. This open-market transaction represents a single reported sale on July 14, 2026 as disclosed in the Form 4 filing.

Why were Sameer Parasnis' W&T Offshore (WTI) shares sold?

A Form 4 footnote states the 30,000 shares were sold to pay taxes upon the vesting of restricted stock units. This indicates the sale was tied to tax obligations related to equity compensation rather than a discretionary reduction of holdings.

How many W&T Offshore (WTI) shares does the CFO hold after the sale?

Following the transaction, Sameer Parasnis directly holds 165,588 W&T Offshore Common Stock shares. This post-transaction balance shows he retains a substantial equity position in the company after selling 30,000 shares to cover tax liabilities.

Was the recent W&T Offshore (WTI) insider trade a purchase or a sale?

The reported insider trade by CFO Sameer Parasnis was an open-market sale of 30,000 Common Stock shares. The Form 4 identifies the transaction with code “S,” indicating a sale in the open market or a private transaction.

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^*

Parasnis Sameer

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/14/2026		S(1)		30,000	D	$3.56	165,588	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. Shares were sold to pay taxes upon the vesting of restricted stock units.

	/s/ George J. Hittner, as attorney-in-fact	07/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)