Form 4: CNX Resources Corp: Officer Navneet Behl Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Navneet Behl, Chief Operating Officer of CNX Resources Corp, reports the withholding of 3,540 common shares to cover tax liabilities from vesting restricted stock units on September 1, 2024.
Summary
- On September 1, 2024, Navneet Behl, the Chief Operating Officer of CNX Resources Corp, had 3,540 common shares withheld to cover tax liabilities.
- This was due to the vesting of previously granted restricted stock units.
- The transaction occurred at a price of $27.67 per share.
- Following the transaction, Behl beneficially owns 130,068 common shares, including 108,573 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and has a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 2024-02-06 | Date of Limited Power of Attorney execution. |
| 2024-09-01 | Date of transaction: shares withheld for tax liability. |
| 2024-09-04 | Date of report signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.