Parasnis Sameer 4

What Happened
Sameer Parasnis, Chief Financial Officer of W&T Offshore (WTI), sold 30,000 shares on July 14, 2026 at $3.56 per share, generating proceeds of approximately $106,800. The transaction is a sale (disposition) and was done to cover taxes related to the vesting of restricted stock units, not an outright investment purchase.

Key Details

• Transaction date and price: July 14, 2026 — 30,000 shares sold at $3.56 each. Total proceeds ≈ $106,800.
• Method: Report lists as an open market or private sale (code S — sale).
• Footnote: Shares were sold to pay taxes upon the vesting of restricted stock units (tax withholding).
• Shares owned after transaction: Not disclosed in the Form 4 filing provided.
• Filing timeliness: Report filed July 16, 2026 (within the typical two-business-day Form 4 window), so appears timely.

Context
Tax-withholding sales tied to RSU vesting are common and typically routine administrative transactions rather than directional bets on the stock. For retail investors, purchases by insiders can be more informative than routine tax-related sales; this filing alone doesn’t indicate a change in insider sentiment.