W&T OFFSHORE INC·4

Jul 16, 4:36 PM ET

Gamblin Huan 4

Research Summary

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Updated

W&T Offshore (WTI) EVP Gamblin Huan Sells 30,000 Shares

What Happened

  • Gamblin Huan, Executive Vice President & Chief Technical Officer of W&T Offshore, sold 30,000 shares on 2026-07-14. The weighted-average sale price was $3.55 (range $3.55–$3.56), for aggregate proceeds of approximately $106,500. The filing reports this as a sale (code S) executed to pay taxes upon the vesting of restricted stock units.

Key Details

  • Transaction date: 2026-07-14; SEC filing date: 2026-07-16 (timely filing).
  • Price: Weighted average $3.55; reported sale prices ranged $3.55–$3.56.
  • Shares sold: 30,000; gross proceeds ≈ $106,500.
  • Purpose: Footnote indicates shares were sold to pay taxes on vested RSUs.
  • Shares owned after the transaction: Not specified in the information provided in this summary.
  • Accession number: 0001104659-26-084272.

Context

  • Sales to cover tax withholding on vested restricted stock units are common and typically reflect tax obligations rather than a directional bet on the company. This transaction is a disposition (sale), not a purchase or option exercise.