Hartman Bart P. III 4
4 · W&T OFFSHORE INC · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
W&T Offshore (WTI) VP Bart Hartman Receives RSU Award — 29,184 Units
What Happened
Bart P. Hartman III, Vice President & Chief Accounting Officer of W&T Offshore, was granted 29,184 restricted stock units (RSUs) on May 29, 2026. The grant is reported as a derivative award at $0.00 per unit (no immediate cash value reported). These RSUs represent contingent rights to receive common stock or cash upon settlement.
Key Details
- Transaction date: May 29, 2026; Form 4 filed June 2, 2026 (timely under the two-business-day rule).
- Grant type/code: A (award/grant), reported as a derivative award. Reported price: $0.00; aggregate reported value: $0.
- Vesting schedule (footnote): 1/3 vests on May 29, 2027; 1/3 on May 29, 2028; 1/3 on May 29, 2029. (Footnote: each RSU equals a contingent right to one share or cash at settlement.)
- Shares owned after transaction: not specified in the provided filing excerpt.
- Exhibit: Power of attorney (Exhibit 24) noted on the filing.
Context
This is a standard equity compensation grant to an executive, not an open-market purchase or sale. RSU awards do not require an immediate cash outlay and only convert to actual shares (or cash) if and when they vest per the schedule; they are not an immediate indicator of buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-29−29,184→ 29,184 total→ Common Stock (29,184 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.
- [F2]The restricted stock units will vest 1/3 on May 29, 2027, 1/3 on May 29, 2028 and 1/3 on May 29, 2029.