Bain Ronald Y 4
4 · VAALCO ENERGY INC /DE/ · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
VAALCO (EGY) CFO Ronald Bain Shares Withheld for Taxes
What Happened
Ronald Y. Bain, Chief Financial Officer of VAALCO Energy (EGY), had 14,579 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The withholding occurred on 2026-06-08 in two lots: 8,612 shares at $5.53 ($47,624) and 5,967 shares at $5.53 ($32,998), for a combined value of $80,622. This was a routine disposition to cover taxes, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-08; filing date: 2026-06-10 (Form 4 accession 0001104659-26-072463).
- Lots: 8,612 shares @ $5.53 = $47,624; 5,967 shares @ $5.53 = $32,998.
- Total shares withheld: 14,579; total value: $80,622.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock. Transaction code F indicates tax withholding.
- No late filing flag evident from provided dates.
Context
Withholding shares to cover taxes upon vesting is a common, administrative transaction and does not necessarily indicate the insider's view on the company's stock. This was a net-share settlement for tax purposes rather than an open-market sale or new purchase.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-08$5.53/sh−8,612$47,624→ 438,395 total - Tax Payment
Common Stock
[F1]2026-06-08$5.53/sh−5,967$32,998→ 432,428 total
Footnotes (1)
- [F1]Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock.