Parasnis Sameer 4
4 · W&T OFFSHORE INC · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
W&T Offshore (WTI) CFO Sameer Parasnis Receives RSU Award
What Happened
- Sameer Parasnis, Chief Financial Officer of W&T Offshore (WTI), was granted 220,409 restricted stock units (RSUs) on 2026-05-29. The Form 4 reports this as a derivative award with a reported acquisition price of $0.00 (no cash exchanged at grant).
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (timely filing).
- Award: 220,409 RSUs; reported price/value at grant: $0.00 (derivative).
- Vesting: 1/3 vests on May 29 of 2027, 2028 and 2029 (per filing footnote).
- Settlement: Each RSU represents a contingent right to one share of WTI common stock or a cash equivalent, determined at settlement (footnote).
- Shares owned after transaction: not specified in the filing.
- Remark: Exhibit 24 (Power of Attorney) included with the filing.
Context
- This was a compensation award (RSUs), not an open-market purchase or sale. RSUs convert to shares (or cash) only upon vesting per the schedule, so this grant does not represent an immediate change in share ownership or a direct market sale. Compensation grants are routine for executives and do not, by themselves, indicate intent to buy or sell shares.
Insider Transaction Report
Form 4
Parasnis Sameer
EVP & Chief Financial Officer
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-05-29−220,409→ 220,409 total→ Common Stock (220,409 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.
Signature
/s/ George J. Hittner, as attorney-in-fact|2026-06-02