Form 4: W&T Offshore EVP,GC and Corporate Secretary George Hittner Reports Stock Disposal
SEC Form 4 Filing
George Hittner, EVP,GC and Corporate Secretary of W&T Offshore Inc, reports the disposal of 3,272 shares of common stock to cover taxes related to vesting restricted stock units.
Summary
- On April 1, 2025, George Hittner, EVP,GC and Corporate Secretary of W&T Offshore Inc, disposed of 3,272 shares of common stock.
- The shares were disposed of at a price of $1.46 per share.
- This transaction was to cover taxes related to restricted stock units vesting in twelve equal installments.
- Following the transaction, Hittner directly owns 113,626 shares of W&T Offshore Inc.
- The transaction was reported on April 2, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations on vested stock.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Disposal of 3,272 shares of common stock. |
| 04/02/2025 | Date of report filing. |
Keywords
W&T Offshore, George Hittner, Stock Disposal, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units, WTI
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