Bigman Alan Stuart 4
Research Summary
AI-generated summary
WhiteHawk Minerals (WHK) Director Alan Bigman Receives Stock Awards
What Happened
Alan (Alan Stuart) Bigman, a director of WhiteHawk Minerals Corp. (WHK), received equity awards in two transactions reported on the Form 4. On 2026-06-08 he acquired 2,403 shares (reported as an acquisition tied to a corporate reorganization and occurring prior to the issuer's registration in connection with the IPO). On 2026-06-10 he was awarded 9,524 restricted stock units (RSUs) at $0.00 consideration; the RSUs represent a contingent right to receive one share each and vest on June 10, 2027. All transactions are coded as "A" (award/grant).
Key Details
- Transaction dates and prices:
- 2026-06-08: 2,403 shares acquired (no price disclosed; reported as occurring prior to issuer registration — see footnote).
- 2026-06-10: 9,524 RSUs awarded at $0.00.
- Total shares/units received: 11,927 (2,403 shares + 9,524 RSUs).
- Shares owned after transaction: Not disclosed in the provided filing.
- Notable footnotes:
- F1: 6/08 transaction occurred prior to the issuer's registration under Section 12 and is reported under Rule 16a-2(a).
- F2: The 6/08 shares reflect an acquisition pursuant to a corporate reorganization.
- F3: The 9,524 RSUs are contingent rights to one share each and vest on June 10, 2027.
- Filing timeliness: Form filed 2026-06-12; no late filing flag indicated in the provided information.
Context
These transactions are awards/grants rather than open-market purchases or sales. Awards and RSUs are commonly part of compensation or equity-restructuring arrangements and do not necessarily signal the director's near-term trading intent. The RSUs will only convert to shares if and when they vest on June 10, 2027; until then they are contingent rights.