W&T Offshore (WTI) Director Conwill Sells 60,000 Shares

What Happened Daniel O. Conwill IV, a director of W&T Offshore, sold 60,000 shares in an open-market transaction on July 16, 2026. The shares were disposed at $3.41 each, for a total proceeds of $204,600. This was a sale (code S) tied to tax obligations from vested restricted stock units, not a discretionary buy or sell signal.

Key Details

• Transaction date and price: 2026-07-16, 60,000 shares @ $3.41 each.
• Total proceeds: $204,600.
• Reason/footnote: Shares were sold to pay taxes upon the vesting of restricted stock units (tax withholding).
• Filing timeliness: Reported with a Form 4 dated 2026-07-16 (no late filing indicated in provided data).
• Shares owned after transaction: Not specified in the information provided.

Context Sales to cover tax withholding on RSU vesting are common and often routine; they do not necessarily indicate a change in insider conviction about the company. For retail investors, purchases by insiders often carry more weight as a bullish signal than routine tax-related sales.