Form 4: Hallador Energy CFO Receives Restricted Stock Units
Statement of Changes in Beneficial Ownership
Hallador Energy CFO Todd E. Telesz was granted 15,998 restricted stock units as part of the company's equity incentive plan.
Summary
- Todd E. Telesz, Chief Financial Officer of Hallador Energy Co (HNRG), was granted 15,998 Restricted Stock Units (RSUs) on April 15, 2026.
- Each RSU represents a contingent right to receive one share of common stock.
- The grant increases the reporting person's total beneficial ownership to 40,905 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation that does not signal a change in company strategy or financial health.
Positives
- Aligns executive compensation with long-term shareholder interests through equity-based incentives.
- Demonstrates management commitment to the company through increased equity stake.
Negatives
- Results in potential future dilution for existing shareholders upon the vesting and issuance of common stock.
Risks
- Vesting is contingent upon the executive's continued service, creating potential retention risk if the executive departs before 2029.
Future Outlook
The RSUs vest ratably over three years on March 31, 2027, 2028, and 2029, provided the executive remains in service.
Management Comments
- The grant is subject to the terms of the 2nd Amended and Restated 2008 RSU Plan.
Industry Context
StockSavvy.ai notes that equity grants to C-suite executives are standard corporate governance practices designed to incentivize long-term performance and retention in the energy sector.
Comparison to Industry Standards
- The use of multi-year ratable vesting schedules is consistent with standard executive compensation practices among publicly traded energy companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Grant | Grant of 15,998 RSUs to the CFO under the 2nd Amended and Restated 2008 RSU Plan. | 04/15/2026 | Standard compensation adjustment; no material change to governance structure. |
Stakeholder Impact
- Shareholders may experience minor dilution upon the eventual conversion of RSUs to common stock.
Next Steps
- Vesting of the first tranche of 15,998 RSUs on March 31, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Transaction date of RSU grant and filing date. |
| 03/31/2027 | First tranche of RSU vesting. |
| 03/31/2028 | Second tranche of RSU vesting. |
| 03/31/2029 | Final tranche of RSU vesting. |
Keywords
HNRG, Hallador Energy, Insider Transaction, Restricted Stock Units, CFO, Equity Compensation
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