Marion Josh R. 4
Research Summary
AI-generated summary
Kosmos Energy (KOS) SVP Josh Marion Receives RSU Award, Sells Shares
What Happened
- Josh R. Marion, Senior Vice President and General Counsel of Kosmos Energy (KOS), received 64,248 restricted share units (RSUs) that vested 100% on July 1, 2026 under the company’s Long Term Incentive Plan. The RSUs were reported as an award/acquisition (code A) at $0.
- On July 2, 2026 Marion sold 24,969 shares in an open-market transaction (code S) at a weighted average price of $2.05 per share, producing total proceeds of approximately $51,186. The sale was reported as a disposition to satisfy tax withholding (code F), not a market-timed investment purchase.
Key Details
- Transaction dates & prices:
- 2026-07-01: 64,248 RSUs vested/granted (acquired at $0) — F1.
- 2026-07-02: 24,969 shares sold, weighted average price $2.05, proceeds ~$51,186. Reported sale prices ranged from $2.00 to $2.115 — F3.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = RSUs granted under the LTIP and vested 100% on July 1, 2026; F2 = shares sold to satisfy tax withholding on the vested RSUs; F3 = weighted-average sale price and actual price range.
- Timeliness: Form 4 filed 2026-07-06; filing is timely based on the reported transaction dates.
Context
- These transactions reflect an RSU vesting event followed by a routine tax-withholding sale of a portion of the vested shares. Such withholding sales are common and do not necessarily indicate a change in the insider’s view on the company.
- Transaction codes: A = Award/Grant, S = Sale, F = Tax withholding. No option exercises or 10% owner transactions were reported.