Behl Navneet 4

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.