Wright Michael H. Jr. 4
4 · CVR ENERGY INC · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Wright Michael H. Jr.
EVP & Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2025-02-19+6,613→ 6,613 total - Disposition to Issuer
Common Stock
2025-02-19$18.80/sh−6,613$124,324→ 0 total - Exercise/Conversion
Incentive Units
2025-02-19−6,613→ 0 total→ Common Stock (6,613 underlying)
Footnotes (4)
- [F1]The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on February 16, 2022. These Incentive Units vest ratably in annual installments in February of each of the three years following the grant date, subject to the terms and conditions of the award agreement.
- [F2]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 preceding the vest date.
- [F3]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.
- [F4]The Incentive Units expire immediately upon vest.