Form 4: Director Valli Perera Reports Stock Grant and Deferred Units in CONSOL Energy Inc.
SEC Form 4 Filing
Valli Perera, a director of CONSOL Energy Inc., reports the acquisition of 1,733 restricted stock units and holdings of both unvested and vested deferred stock units.
Summary
- On May 7, 2024, Valli Perera, a director of CONSOL Energy Inc., acquired 1,733 restricted stock units.
- These units were granted under the Issuer's Omnibus Performance Incentive Plan and will vest on May 7, 2025.
- Each unit represents the right to receive one share of CONSOL Energy's common stock.
- Perera has elected to defer delivery of the vested shares until separation of service under the Deferred Compensation Plan for Non-Employee Directors.
- Following the transaction, Perera beneficially owns 4,359 shares, including 1,733 unvested restricted stock units and 2,626 vested deferred stock units.
Sentiment
Score: 6
Explanation: The document reflects standard executive compensation practices, indicating a neutral sentiment.
Positives
- The grant of restricted stock units aligns the director's interests with the company's performance.
- Deferred compensation plans can be tax-efficient for directors.
Future Outlook
The director's vested shares will be delivered upon separation of service, according to the Deferred Compensation Plan for Non-Employee Directors.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The grant of stock units aligns the director's interests with those of the shareholders.
- The deferred compensation plan may have implications for the company's long-term financial planning.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of transaction: Grant of 1,733 restricted stock units. |
| 05/07/2025 | Vesting date for the 1,733 restricted stock units. |
| 05/09/2024 | Date of signature for the SEC Form 4 filing. |
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