Hartman Bart P. III 4
4 · W&T OFFSHORE INC · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
W&T Offshore (WTI) VP Bart P. Hartman III Receives 20,197 Shares
What Happened
Bart P. Hartman III, Vice President and Chief Accounting Officer of W&T Offshore (WTI), had 20,197 restricted stock units (RSUs) vest on May 16, 2026. The RSUs converted into 20,197 shares of common stock. To satisfy tax withholding, 4,918 of those shares were withheld at $4.75 per share, producing $23,361 applied to the tax obligation. Net shares delivered to Hartman were 15,279.
Key Details
- Transaction date: May 16, 2026; Form 4 filed May 19, 2026 (timely).
- Primary action: RSU vesting/settlement (reported as derivative exercise/conversion, code M) resulting in acquisition of 20,197 shares.
- Tax withholding: 4,918 shares withheld (code F) at $4.75/share = $23,361.
- Net shares retained by insider: 15,279 (20,197 vested − 4,918 withheld).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: (F1) These 20,197 RSUs were the first tranche of a grant made May 16, 2025 that vests in three installments. (F2) Each RSU is a contingent right to one share (or cash equivalent at settlement).
Context
This was a routine compensation-related vesting event, not an open-market purchase or sale. The filing shows shares were withheld to cover taxes (a common cashless settlement), not sold on the market; such awards generally reflect compensation vesting rather than a directional insider trade.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F2][F1]2026-05-16+20,197→ 48,424 total - Tax Payment
Common Stock
2026-05-16$4.75/sh−4,918$23,361→ 43,506 total - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-05-16−20,197→ 40,396 total→ Common Stock (20,197 underlying)
Footnotes (2)
- [F1]On May 16, 2026, the reporting person's 20,197 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 20,197 shares of common stock. This represents the vesting of the first tranche of the grant.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments.