CVR Energy (CVI) executive Johnson acquired 18,348 shares
Insider transactions reported
Charles Douglas Johnson (EVP & Chief Commercial Officer at CVR Energy Inc., CVI) reported that they acquired 18,348 shares, and returned to the company 18,348 shares at $19.09 on Dec 11, 2024. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Johnson Charles Douglas
- Role
- EVP & Chief Commercial Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Dec 11, 2024 | Exercise or conversion of a derivative (M) | Common Stock1, 2, 4, ... | +18,348 | - | - | 5,702 direct |
| Dec 11, 2024 | Sale back to the company (D) | Common Stock1, 3, 4, ... | -18,348 | avg $19.09 | $350K | 0 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Dec 11, 2024 | Exercise or conversion of a derivative (M) | Incentive UnitsOn 18,348 Common Stock1, 2, 4, ... | -18,348 | - | - | 11,402 direct |
| Dec 11, 2024 | Grant or award (A) | Incentive UnitsOn 29,473 Common Stock6, 7, 8 | +29,473 | - | - | 29,473 direct |
Holdings before and after
- Incentive Units: 8,220 to 29,473 direct
Footnotes from the filing
- 1. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 8, 2021. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.
- 2. Each Incentive Unit reported herein represents the right to receive upon vesting, a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date.
- 3. This price represents the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date.
- 6. The Incentive Units expire immediately upon vest.
- 8. Each Incentive Unit reported herein represents the right to receive upon vesting, one share of CVR Energy, Inc. common stock or a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date, as determined by the Board or the Compensation Committee, as applicable, in its sole discretion.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Johnson report in this CVI Form 4?
Charles Douglas Johnson (EVP & Chief Commercial Officer at CVR Energy Inc., CVI) reported that they acquired 18,348 shares, and returned to the company 18,348 shares at $19.09 on Dec 11, 2024. After these transactions the filing shows 0 shares held directly.
How many CVI shares does Johnson hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for CVI
Earlier insider filings at CVI
- Dec 13, 2024EVP & Chief Operating Officer Wright Michael H. Jr. converted options into 14,700 shares and returned $280,623 worth of shares to the company (14,700 units at $19.09) (SEC Form 4)
- Dec 13, 2024EVP, General Counsel & Sec. Buhrig Melissa M converted options into 25,097 shares and returned $479,102 worth of shares to the company (25,097 units at $19.09) (SEC Form 4)
- Dec 13, 2024EVP & Chief Financial Officer Neumann Dane J. converted options into 19,421 shares and returned $370,747 worth of shares to the company (19,421 units at $19.09) (SEC Form 4)
- Dec 13, 2024EVP - Corporate Services Pytosh Mark A returned $325,236 worth of shares to the company (17,037 units at $19.09) and converted options into 17,037 shares (SEC Form 4)
- Dec 13, 2024President and CEO Lamp David L converted options into 55,529 shares and returned $1,060,049 worth of shares to the company (55,529 units at $19.09) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Integrated oil Companies
- Listed since
- 2007
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