Key facts
- This page summarizes Michelle A. Earley's Form 4 filing for ADAMS RESOURCES & ENERGY, INC..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 04 Feb 2025, 16:22.
Michelle A. Earley - 04 Feb 2025 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 04 Feb 2025
- Net transaction value
- -$131,594
- SEC form
- 4
- Accepted by SEC
- 04 Feb 2025, 16:22:08 UTC
- Prior SEC filing
- 04 Mar 2024
- Next SEC filing
- 06 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michelle A. Earley
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michelle A. Earley filed Form 4 for ADAMS RESOURCES & ENERGY, INC. on 04 Feb 2025.
Change
- Previous filing in this sequence was filed on 04 Mar 2024.
- Current net transaction value: -$131,594.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AE
transaction
Common stock
Disposed to Issuer
- Transaction value
- $100,548
- Shares
- -2,646
- Change %
- -100%
- Price
- $38.00
- Shares after
- 0
- Date
- 04 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AE
transaction
Derivative
Restricted stock units
Disposed to Issuer
- Transaction value
- $31,046
- Shares
- -817
- Change %
- -100%
- Price
- $38.00
- Shares after
- 0
- Date
- 04 Feb 2025
- Ownership
- Direct
- Underlying class
- Common stock
- Underlying amount
- 817
- Exercise price
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Michelle A. Earley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Represents shares of Adams Resources & Energy, Inc. ("AE") common stock disposed of in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 11, 2024, by and among AE, ARE Equity Corporation, a Texas corporation ("Parent") as successor-in-interest to Tres Energy LLC, a Texas limited liability company, and ARE Acquisition Corporation, a Delaware corporation and a direct, wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub would merge with and into AE, with AE surviving the merger as a wholly owned subsidiary of Parent. In accordance with the Merger Agreement, at the effective time of the merger contemplated thereby (the "Effective Time"), each share of AE common stock held by the reporting person was converted into the right to receive $38.00 in cash (the "Merger Consideration").
Footnote F2
In accordance with the Merger Agreement, at the Effective Time, each restricted stock unit award under the AE 2018 Long-Term Incentive Plan, as amended and restated, was cashed out based on the Merger Consideration.