Gray Zarrell Thomas 4
4 · HALLADOR ENERGY CO · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Hallador Energy (HNRG) Director Gray Zarrell Thomas Receives RSU Award
What Happened
Gray Zarrell Thomas, a director of Hallador Energy Co. (HNRG), received an award of 6,047 restricted stock units (RSUs) on May 28, 2026. The grant is a derivative award (no shares were delivered at grant and no purchase or sale occurred). No per-share price or immediate cash value was reported in the filing.
Key Details
- Transaction date: May 28, 2026; Form 4 filed June 1, 2026 (filed timely).
- Security: Restricted Stock Units (RSUs), 6,047 units (derivative award, code A).
- Vesting: Units fully vest May 27, 2027, contingent on continued service (see footnotes).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — Each RSU represents the right to one share of common stock upon vesting/delivery. F2 — Vesting contingent on continued service through May 27, 2027.
Context
RSU grants are compensation awards rather than open-market purchases or sales; they do not reflect an immediate buy or sell decision. Shares will only be issued if and when the RSUs vest, so this grant signals executive/board compensation alignment but not an immediate insider purchase. The filing appears timely under Form 4 reporting rules.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-28+6,047→ 6,047 total→ Common Stock (6,047 underlying)
- 76,480
Common Stock
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Hallador Energy Common Stock. Vested shares will be delivered to the reporting person pursuant to the terms of the Second Amended and Restated 2008 Restricted Stock Unit Plan.
- [F2]The Units shall fully vest May 27, 2027, subject in each case subject to Participant's continued Service through the applicable vesting date, subject to the terms and conditions set forth in the Second Amended and Restated 2008 Restricted Stock Unit Plan and Award Agreement.