February 4, 2025 · Form 4 insider transaction
Harrison Wade M sold 3,167 shares of Adams Resources & Energy, Inc. at $38.00 per share, a transaction worth $120.3K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
In accordance with the Merger Agreement, at the Effective Time, each performance share unit award under the AE 2018 Long-Term Incentive Plan, as amended and restated, was cashed out based on the Merger Consideration. Each award became fully vested with respect to a number of shares equal to 100.0% of the target number of shares covered by the award.