W&T Offshore (NYSE: WTI) COO reports RSU vesting and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W&T Offshore executive vice president and COO William J. Williford had 152,542 restricted stock units granted on May 16, 2025 vest on May 16, 2026, delivering 152,542 shares of common stock. Of these, 43,131 shares were disposed of to cover tax obligations, leaving him with 377,880 common shares held directly and 305,085 restricted stock units outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
152,542 shares exercised/converted
Mixed
3 txns
Insider
Williford William J
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 152,542 | $0.00 | -- |
| Exercise | Common Stock | 152,542 | $0.00 | -- |
| Tax Withholding | Common Stock | 43,131 | $4.75 | $205K |
Holdings After Transaction:
Restricted Stock Units — 305,085 shares (Direct, null);
Common Stock — 421,011 shares (Direct, null)
Footnotes (1)
- On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 152,542 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.
Key Figures
RSUs vested: 152,542 units
Shares received on vesting: 152,542 shares
Shares for tax withholding: 43,131 shares
+2 more
5 metrics
RSUs vested
152,542 units
Restricted stock units vested on May 16, 2026
Shares received on vesting
152,542 shares
Common stock delivered upon RSU vesting
Shares for tax withholding
43,131 shares
Disposed of to cover tax obligations
Shares held after transaction
377,880 shares
Common stock directly owned after Form 4 transactions
RSUs remaining
305,085 units
Restricted stock units outstanding after vesting of first tranche
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security, contingent right, +1 more
5 terms
Restricted Stock Units financial
"the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent"
vests in three installments financial
"Each grant of restricted stock units vests in three installments."
FAQ
What insider transactions did WTI executive William J. Williford report?
William J. Williford reported vesting of 152,542 restricted stock units into common shares and a related tax-withholding disposition of 43,131 shares. These transactions reflect routine equity compensation events, not open-market buying or selling of W&T Offshore stock.
How do WTI restricted stock units work for William J. Williford?
Each W&T Offshore restricted stock unit gives a contingent right to receive one common share or its cash equivalent at settlement. The grants vest in three installments, and the May 16, 2026 transaction reflects vesting of the first tranche of a prior grant.
When were William J. Williford’s vested RSUs in WTI originally granted?
The 152,542 restricted stock units that vested on May 16, 2026 were originally granted on May 16, 2025. The filing notes that this vesting represents the first tranche of that grant, with the remaining units scheduled to vest in later installments.