Kosmos Energy Ltd (LSE:KOS) has disclosed a number of equity transactions involving senior executives under its long-term incentive arrangements. The update covers new grants of restricted share units, along with the vesting of previously awarded units and associated sales of common stock to meet tax withholding obligations.
The disclosures show that senior executives including SVP and General Counsel Josh R. Marion, Vice President and Chief Accounting Officer Ronald W. Glass, chief executive Andrew G. Inglis, and executive Neal D. Shah received significant new awards. These restricted share units are scheduled to vest in equal annual instalments between 2027 and 2029. At the same time, a portion of shares was sold following vesting events to satisfy tax requirements, rather than for discretionary disposal purposes.
The transactions highlight the continued use of equity-based incentives as a core element of Kosmos Energy’s executive remuneration framework, designed to align management interests with those of shareholders. The disclosures were made in line with EU market abuse regulations governing transparency around director and executive dealings.
More about Kosmos Energy
Kosmos Energy Ltd is an independent oil and gas exploration and production company with a primary focus on offshore assets. Listed on the New York Stock Exchange, the group uses share-based incentive plans, including restricted share units, as a key component of compensation for its executives and senior management.
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