Form 4: Consol Energy Director Cassandra Pan Reports Stock Grant and Holdings

Director Cassandra Pan reports a grant of restricted stock units and details her holdings in Consol Energy Inc.

Summary

• On May 7, 2024, Cassandra Chia-Wei Pan, a director of CONSOL Energy Inc. [CEIX], was granted 1,733 restricted stock units under the Issuer's Omnibus Performance Incentive Plan.
• These restricted stock units will vest on May 7, 2025, and each unit represents a contingent right to receive one share of CONSOL Energy's common stock.
• Pan has elected to defer delivery of the vested shares until her separation of service from the Issuer under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
• Following the reported transaction, Pan beneficially owns 4,359 shares, of which 1,733 are unvested restricted stock units (including dividend equivalent rights) and 2,626 are vested deferred stock units (including dividend equivalent rights).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting period of one year suggests a commitment to the company's future.

Future Outlook

The director's deferred compensation plan suggests a long-term commitment to the company.

Industry Context

Stock grants are a common form of executive compensation in the energy industry, aligning management's interests with shareholder value.

Stakeholder Impact

• The stock grant aligns the director's interests with those of shareholders.
• The deferred compensation plan may impact the director's long-term financial planning.

Key Dates