Martellozo Gerard 4
Research Summary
AI-generated summary
Vista Energy Director Gerard Martellozo Exercises RSUs, 1,500 Shares Withheld
What Happened
- Gerard Martellozo, a director of Vista Energy, converted or exercised restricted stock units (derivative transaction code M) resulting in 6,000 series A shares on April 9, 2026. To cover tax obligations (transaction code F) 1,500 of those shares were surrendered/withheld at a reported per-share value of $65.08, totaling $97,620. The filing also records a related derivative disposition of 6,000 shares at $0 (reporting the conversion/settlement of the RSUs).
Key Details
- Transaction date: 2026-04-09; filing date: 2026-04-13 (filed within the Form 4 reporting window).
- Reported prices/values: 1,500 shares withheld at $65.08 each → $97,620 total; other entries show $0 or N/A as applicable to the derivative conversion.
- Shares owned after the transaction: not specified in the provided filing data.
- Footnotes: F1 — each Restricted Stock Unit (RSU) represents a contingent right to one series A share or cash; F2 — ADS equivalency noted (1 ADS = 1 series A share for 37,000 shares referenced).
- Transaction codes: M = exercise/conversion of a derivative (RSU); F = payment of exercise price or tax liability (share withholding).
Context
- This looks like a routine RSU settlement with shares withheld to satisfy tax withholding — common practice and not necessarily a directional buy/sell signal. For derivative transactions like this, the economics are typically conversion/settlement of RSUs rather than an open-market purchase or strategic sale.