Gamblin Huan 4

What Happened

• Gamblin Huan, EVP & Chief Technical Officer of W&T Offshore (WTI), had 6,670 restricted stock units (RSUs) vest on June 5, 2026. Those RSUs converted into 6,670 shares of common stock. To satisfy tax withholding, 2,625 shares were surrendered at $3.70 per share for a total tax withholding of $9,713. Net shares issued to Huan were 4,045 (6,670 - 2,625).

Key Details

• Transaction date: June 5, 2026; Form 4 filed June 9, 2026 (timely — within the required 2 business days).
• Activity codes: M = conversion/exercise of derivative (RSU settlement); F = shares withheld to pay taxes.
• Shares converted: 6,670 RSUs → 6,670 shares.
• Shares withheld for taxes: 2,625 shares at $3.70/share = $9,713.
• Net shares received: 4,045 shares.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 notes these 6,670 RSUs were the final tranche of a grant made on June 5, 2023; F2 clarifies each RSU equals a contingent right to one share (or cash equivalent at settlement).

Context

• This was the scheduled vesting/settlement of RSUs (an award), not an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a common, administrative step and does not necessarily signal a buy/sell opinion by the insider.