CNX Resources Corp·4

May 11, 4:31 PM ET

Thorndike William N Jr 4

Research Summary

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Updated

CNX Resources Director William Thorndike Jr Receives 8,770-Share Award

What Happened

  • William N. Thorndike Jr, a director of CNX Resources Corp (CNX), was granted/received 8,770 shares on 2026-05-07. The transaction is reported as an award/acquisition (code A) at a reported price of $0.00, i.e., no cash was paid for the shares on acquisition.

Key Details

  • Transaction date: 2026-05-07. Form 4 filed: 2026-05-11 (timely; within required two business days).
  • Type: Grant / award (SEC transaction code A).
  • Shares acquired: 8,770; Price per share: $0.00; Implied cash outlay reported: $0.
  • Shares owned after transaction: not specified in the provided summary.
  • Footnote: Of the shares owned directly, 5,302 are deferred stock units (F1).
  • No 10b5-1 plan, tax-withholding, or sale activity was disclosed in the provided filing excerpt.

Context

  • This was an equity award (not an open-market purchase or sale). Awards are common for director compensation and do not by themselves indicate a buy or sell sentiment.
  • Deferred stock units (DSUs) typically represent compensation deferred for future settlement; they differ from freely tradeable shares and often carry timing/vesting conditions.