Form 4: Hallador Energy CEO Brent K. Bilsland Reports Stock Transactions
SEC Form 4 Filing
Hallador Energy CEO Brent K. Bilsland reports the vesting and subsequent tax withholding of shares related to Restricted Stock Units.
Summary
- On April 1, 2024, Brent K. Bilsland, President and CEO of Hallador Energy Co., reported transactions involving Hallador Energy common stock.
- Bilsland vested 89,179 Restricted Stock Units (RSUs), each representing one share of Hallador Common Stock, at a price of $5.33.
- Following the vesting, 39,016 shares were withheld by the issuer to satisfy payroll tax obligations, also at $5.33 per share.
- After these transactions, Bilsland directly owns 948,977 shares of Hallador Energy common stock.
- Bilsland also has indirect ownership of 366,397 shares through the Alexa Bilsland Revocable Trust, for which he disclaims beneficial ownership.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and recent activity in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of RSU vesting and tax withholding transactions. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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