LANIGAN BERNARD JR 4
4 · CNX Resources Corp · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
CNX Resources Director Bernard Lanigan Jr Receives 5,568 RSUs
What Happened
Bernard Lanigan Jr, a director of CNX Resources Corp (CNX), received a grant classified as an "A" (award/acquisition) of 5,568 shares in the form of restricted stock units (RSUs) on May 7, 2026. The reported acquisition price was $0.00, so no cash was paid; the grant value was not stated in the filing.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (timely within Section 16 reporting rules).
- Transaction type/code: A = Award/Grant of RSUs.
- Shares granted: 5,568 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the filing; footnote F1 confirms that of shares owned directly, 5,568 are RSUs.
- Notable footnotes:
- F1: 5,568 of the directly owned shares are restricted stock units.
- F2–F5: Holdings include shares held in various Conifer Partners entities and Lanigan Family Holdings LLC (Mr. Lanigan has ownership/management relationships).
- F6–F7: Holdings in Teton Pines Capital, LLC and a charitable remainder trust include disclaimers of beneficial ownership (Mr. Lanigan disclaims beneficial ownership except to the extent of any pecuniary interest).
Context
RSUs are compensation awards that typically convert into shares subject to vesting conditions; they are not an open-market purchase or sale and do not necessarily indicate immediate trading intent. This filing reports a grant (an acquisition by award), not a sale or option exercise. The filing appears timely under Section 16 reporting requirements.
Insider Transaction Report
- Award
Common shares, $0.01 par value per share
[F1]2026-05-07+5,568→ 182,748 total
- 401,820(indirect: By LLC)
Common shares, $0.01 par value per share
[F2] - 30,600(indirect: By LLC)
Common shares, $0.01 par value per share
[F3] - 669,806(indirect: By LLC)
Common shares, $0.01 par value per share
[F4] - 82,600(indirect: By LLC)
Common shares, $0.01 par value per share
[F5] - 58,845(indirect: By LLC)
Common shares, $0.01 par value per share
[F6] - 14,376(indirect: By Trust)
Common shares, $0.01 par value per share
[F7]
Footnotes (7)
- [F1]Of the shares owned directly, 5,568 are restricted stock units.
- [F2]Shares held in Conifer Partners IV, LLC of which Mr. Lanigan is part owner of the managing member.
- [F3]Shares held in Lanigan Family Holdings, LLC (f/k/a Lanigan Family Limited Partnership), of which Mr. Lanigan is a member.
- [F4]Shares held in Conifer Partners III, LLC, of which Mr. Lanigan is part owner of the managing member.
- [F5]Shares held in Conifer Partners II, LLC, of which Mr. Lanigan is part owner of the managing member.
- [F6]Shares held in Teton Pines Capital, LLC, of which Mr. Lanigan controls the managing member. Mr. Lanigan disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
- [F7]Shares held in a charitable remainder trust for the benefit of Mr. Lanigan's brother and sister-in-law (the "Sibling Trust"). Mr. Lanigan is the co-trustee of the Sibling Trust. Mr. Lanigan disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.