Bain Ronald Y 4
4 · VAALCO ENERGY INC /DE/ · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
VAALCO (EGY) CFO Ronald Bain Withholds 37,335 Shares for Taxes
What Happened
Ronald Y. Bain, Chief Financial Officer of VAALCO Energy Inc. (EGY), had 37,335 restricted shares withheld to satisfy tax withholding obligations upon vesting. The shares were valued at $5.29 each for a total of approximately $197,502. This was a tax-withholding disposition of vested restricted stock, a routine administrative action rather than an open-market sale.
Key Details
- Transaction date reported (period of report): June 5, 2026; filing date: June 9, 2026.
- Price per share used for withholding: $5.29; shares withheld: 37,335; total value ≈ $197,502.
- Transaction code: F — shares withheld to satisfy tax withholding on vesting (footnote F1).
- Shares owned after the transaction: Not stated in this filing.
- Filing timeliness: Reported within a few days of the transaction; no late filing indication in this record.
Context
This was a tax-withholding event tied to the vesting of restricted stock (cashless retention of shares to cover taxes), not an open-market sale or a purchase signal. Such withholdings are routine and do not necessarily indicate insider sentiment about the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-05$5.29/sh−37,335$197,502→ 447,007 total
Footnotes (1)
- [F1]Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.