Behl Navneet 4
4 · CNX Resources Corp · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
CNX Resources COO Behl Navneet Receives Awards, Sells 26,949 Shares
What Happened
- Behl Navneet, Chief Operating Officer of CNX Resources Corp (CNX), had 61,961 performance-based restricted stock units (RSUs) vest on 2026-01-30 (grants of 3,328; 4,441; and 54,192 shares). To satisfy tax withholding on the vesting, 26,949 shares were automatically withheld/ disposed at $38.80 per share, reported value $1,045,621. The awards are performance-based RSUs tied to 2025 results and multi-year incentive programs.
Key Details
- Transaction date: 2026-01-30; Filing date (Form 4): 2026-02-03 (timely).
- Awards (code A): 3,328; 4,441; and 54,192 RSUs granted/vested (total 61,961).
- Tax withholding/disposition (code F): 26,949 shares disposed at $38.80 each = $1,045,621.
- Footnotes: F1–F3 indicate vesting from 2023–2025 and 2024–2026 performance incentive programs; F4 notes shares were automatically withheld for taxes; F5 reports 87,932 of the shares owned are restricted stock units (including dividend equivalents).
- Filing appears timely (filed on the second business day after the 1/30 transaction).
Context
- This was a vesting of performance-based RSUs, not a market-directed purchase or trading decision. The reported disposition is a routine tax-withholding/cashless settlement of vested awards (common practice) and does not necessarily indicate a change in the insider’s investment view.
Insider Transaction Report
Form 4
Behl Navneet
Chief Operating Officer
Transactions
- Award
Common shares, $0.01 par value per share
[F1]2026-01-30+3,328→ 173,618 total - Award
Common shares, $0.01 par value per share
[F2]2026-01-30+4,441→ 178,059 total - Award
Common shares, $0.01 par value per share
[F3]2026-01-30+54,192→ 232,251 total - Tax Payment
Common shares, $0.01 par value per share
[F4][F5]2026-01-30$38.80/sh−26,949$1,045,621→ 205,302 total
Footnotes (5)
- [F1]Represents the vesting, for 2025 performance, of Performance-Based Restricted Stock Units (ESG) previously granted to the reporting person under a 2023-2025 Performance Incentive Program.
- [F2]Represents the vesting, for 2025 performance, of Performance-Based Restricted Stock Units (ESG) previously granted to the reporting person under a 2024-2026 Performance Incentive Program.
- [F3]Represents the vesting of Performance Share Units previously granted to the reporting person under a 2023-2025 Performance Incentive Program.
- [F4]Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of restricted stock units previously granted to him.
- [F5]Of the shares owned, 87,932 are restricted stock units (including dividend equivalent rights).
Signature
/s/ Navneet Behl by Sarah Molinero, his attorney-in-fact|2026-02-03