W&T Offshore increases share pool to 22M under amended 2023 incentive plan

W&T Offshore's board approved Amendment No. 1 to its 2023 Incentive Compensation Plan, increasing the aggregate share issuance limit to 22 million shares, effective June 3, 2026 following shareholder approval. The amendment provides greater flexibility for executive compensation and equity awards while maintaining restrictions on share recycling for option exercises and tax withholding.