Form 4: W&T Offshore EVP William Williford Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
William Williford, EVP & Chief Operating Officer of W&T Offshore, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On January 1, 2025, William Williford, EVP & Chief Operating Officer of W&T Offshore, had 18,016 restricted stock units (RSUs) vest.
- These RSUs, granted on May 26, 2022, represent the final tranche of the grant.
- Upon vesting, Williford received 18,016 shares of W&T Offshore common stock.
- Williford also disposed of 8,045 shares to cover taxes at a price of $1.66 per share.
- Following these transactions, Williford directly owns 207,169 shares of W&T Offshore common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/26/2022 | Date the restricted stock units were granted. |
| 01/01/2025 | Date of RSU vesting and stock transactions. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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