Kosmos Energy Ltd.·4

Feb 5, 5:12 PM ET

Shah Nealesh D. 4

Research Summary

AI-generated summary

Updated

Kosmos (KOS) CFO Shah Nealesh D. Receives Award, Sells Shares

What Happened
Shah Nealesh D., SVP and Chief Financial Officer of Kosmos Energy (KOS), received 65,567 shares on vesting of restricted share units (RSUs) and then sold a total of 79,124 shares in open-market transactions. The RSUs were issued with $0 purchase price on settlement. The sales were 54,434 shares on 2026-02-03 for a weighted average price of $1.37 (proceeds $74,575) and 24,690 shares on 2026-02-04 for a weighted average price of $1.42 (proceeds $35,060), totaling about $109,635. The disposition appears to be routine tax-withholding related rather than a standalone investment sale.

Key Details

  • Transaction types: A (award/acquisition via RSU settlement) and S (open-market sales).
  • Awarded: 65,567 shares (vested RSUs; acquisition price reported $0).
  • Sold: 54,434 shares on 2026-02-03 at a weighted avg $1.37 (proceeds $74,575); 24,690 shares on 2026-02-04 at a weighted avg $1.42 (proceeds $35,060). Total sold = 79,124 shares for ~$109,635.
  • Footnotes: F1 — shares issued on settlement of RSUs granted 2023-01-31 under the Long Term Incentive Plan and vested based on performance; F2 — sales were to satisfy tax withholding on RSU vesting; F3/F4 — actual sale prices ranged $1.34–$1.405 (Feb 3) and $1.395–$1.465 (Feb 4).
  • Filing: Report filed 2026-02-05 covering transactions on 2026-02-03 and 2026-02-04. No late filing flag indicated in the provided data.
  • Shares owned after the transactions: Not specified in the provided filing details.

Context
These were not purchases but the settlement of performance-based RSUs followed by sales to cover tax withholding — a common administrative outcome when equity awards vest. Such transactions are routine and generally reflect tax obligations rather than a direct bullish or bearish signal about company prospects.