Hartman Bart P. III 4
Research Summary
AI-generated summary
W&T Offshore (WTI) VP Bart P. Hartman III Sells 6,000 Shares
What Happened
Bart P. Hartman III, VP & Chief Accounting Officer of W&T Offshore (WTI), sold 6,000 shares on July 14, 2026 in an open-market/private sale. The reported weighted-average price was $3.54 per share, producing gross proceeds of $21,240. According to the filing, the sale was made to cover taxes due upon vesting of restricted stock units (RSUs), a routine tax-withholding event rather than an investment decision.
Key Details
- Transaction date: 2026-07-14; Filing date: 2026-07-16 (filed two days after the trade).
- Reported amount: 6,000 shares sold; weighted-average price $3.54; total ≈ $21,240.
- Price range for the sale: $3.535 to $3.5501 (weighted average reported).
- Footnote: Shares were sold to pay taxes on vested RSUs (tax-withholding sale).
- Shares owned after the transaction: not reported in this filing.
Context
Tax-withholding sales of vested RSUs are common and generally considered routine— they do not necessarily indicate the insider's broader view of the company. Sales (code S) are less informative than purchases when assessing insider conviction. This Form 4 appears to have been filed promptly (within the standard two-business-day window).