Clarkson J. Palmer 4
Research Summary
AI-generated summary
CNX Director Clarkson J. Palmer Receives 5,568-Share Award
What Happened
- Clarkson J. Palmer, a director of CNX Resources Corp (CNX), was granted 5,568 restricted stock units (RSUs) on May 7, 2026 (reported at $0.00). On the same date he also made gift/transfer transactions: disposed of 1,000 shares as a gift and transferred five blocks of 200 shares each into UTMA custodial accounts (each reported at $0.00). The filing was made on May 11, 2026.
Key Details
- Date of transactions: 2026-05-07; Form 4 filed: 2026-05-11 (timely filing).
- Grant: 5,568 RSUs @ $0.00 (award/acquisition).
- Gifts/transfers: 1,000 shares disposed as a gift @ $0.00; five 200-share transfers into UTMA accounts @ $0.00 each.
- Ownership reported: Of shares owned directly, 5,568 are restricted stock units and 44,998 are deferred stock units (per footnote).
- Footnote: The 200-share transfers were to UTMA accounts established for a grandchild (reporting person is custodian and disclaims beneficial ownership for those shares).
Context
- The RSU grant is a compensation award (not a market purchase) and gifts/custodial transfers are personal/planning moves; gifts/transfers do not necessarily indicate insider sentiment about the stock.