Parasnis Sameer 4

4 · W&T OFFSHORE INC · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

W&T Offshore (WTI) CFO Sameer Parasnis Receives RSU Award; Withholds Shares

What Happened

Sameer Parasnis, CFO of W&T Offshore (WTI), had 152,542 restricted stock units (RSUs) vest on May 16, 2026. The RSUs converted into 152,542 shares of common stock. To satisfy tax withholding, 44,410 shares were surrendered at $4.75 per share for $210,948, leaving a net delivery of 108,132 shares to Parasnis. This is an award/vesting event (not an open-market purchase or voluntary sale).

Key Details

Transaction date: May 16, 2026 (filed May 19, 2026). Filing appears timely.
Vesting: 152,542 RSUs converted to 152,542 shares (transaction code M for conversion/exercise).
Tax withholding: 44,410 shares withheld/disposed at $4.75/share for $210,948 (transaction code F).
Net shares received by insider: 108,132 shares (152,542 − 44,410).
Shares owned after the transaction: not specified in the provided filing excerpt.
Footnotes: RSUs were granted May 16, 2025 and vest in three installments; each RSU represents the right to one share (or cash equivalent as determined at settlement).

Context

This was routine RSU vesting; the withholding of shares to cover taxes is a common administrative step (sometimes called a cashless/stock-withholding settlement) and does not necessarily indicate insider sentiment about the stock.
Transaction codes: M = exercise/conversion of a derivative (here, RSU settlement); F = shares surrendered/withheld for tax payment.

Form 4

Period: 2026-05-16

EVP & Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
[F2][F1]
2026-05-16+152,542→ 225,880 total
Tax Payment
Common Stock
2026-05-16$4.75/sh−44,410$210,948→ 181,470 total
Exercise/Conversion
Restricted Stock Units
[F2][F1]
2026-05-16−152,542→ 305,085 total
→ Common Stock (152,542 underlying)

Footnotes (2)

[F1]On May 16, 2026, the reporting person's 152,542 restricted stock units, which were granted on May 16, 2025, vested, and the reporting person received 152,542 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.

Signature

/s/ Steven Lackey, as attorney-in-fact|2026-05-19

1 file