Lowe Michael Thomas 4

What Happened

• Michael Thomas Lowe, Chief Accounting Officer of New Fortress Energy (NFE), had a conversion/vesting event on Feb 3, 2026 that resulted in the issuance of 8,089 shares (transaction code M). No cash purchase was reported (exercise price $0.00).
• Concurrently, 4,916 of those shares were withheld to satisfy tax withholding (transaction code F) at an attributable value of $1.31 per share, totaling $6,440. The filing clarifies no shares were sold on the open market; shares were withheld to cover taxes related to the vesting of restricted stock units granted March 11, 2024.

Key Details

• Transaction dates: Feb 3, 2026 (reported on Form 4 filed Feb 5, 2026).
• Primary transaction: 8,089 shares acquired via conversion/vesting (M) at $0.00 per share.
• Tax withholding: 4,916 shares disposed/withheld (F) at $1.31 per share = $6,440 withheld.
• Footnote: Withholding reflects shares retained to satisfy tax liability from RSU vesting; no open-market sale occurred.
• Shares owned after transaction: not specified in the filing.

Context

• This was not an open-market purchase or sale by the insider; it reflects issuance/vesting and routine tax withholding — a common, non-bullish insider event.
• For retail investors, such withholding transactions typically do not signal a change in insider sentiment about the stock; they document compensation mechanics and tax obligations.