Director Maureen Lally-Green of CNX Resources Corp (NYSE:CNX) executed an insider sale and an option exercise on March 23, 2026, according to a Securities and Exchange Commission filing. Lally-Green sold 23,631 common shares of CNX for approximately $933,815, with transaction prices reported between $39.5143 and $40 per share - levels near the stock’s 52-week high of $43.62.
The same filing shows Lally-Green exercised stock options to acquire 29,915 common shares at an exercise price of $13.187 per share, resulting in a total outlay of $394,489 for the option exercise. After completing these transactions, she directly holds 169,577 shares of CNX Resources Corp, a position that includes restricted stock units and deferred stock units.
On valuation metrics, CNX trades at a price-to-earnings ratio of 10.12 and carries a market capitalization of $5.75 billion. InvestingPro analysis flags the company as appearing undervalued at current levels and lists CNX on its Most Undervalued roster.
Separately, the company has been active on its liability and capital fronts. CNX completed a private placement totaling $500 million of 5.875% senior notes due 2034. Those notes are guaranteed by all of CNX’s restricted subsidiaries that also serve as guarantors on its revolving credit facility, according to the disclosure.
CNX also concluded a tender offer that captured 84.04% of its outstanding 6.000% Senior Notes due 2029, receiving tenders amounting to $420.2 million in principal. The company will pay $1,016.10 for each $1,000 principal amount of notes properly tendered, in addition to accrued and unpaid interest.
In the analyst community, Truist Securities has initiated coverage on CNX Resources with a Sell rating and set a price target of $35.00. The firm indicated the target is based on a valuation equal to one times CNX’s 2P net asset value.
For investors seeking an expanded review of CNX’s insider activity and valuation work, InvestingPro offers a Pro Research Report covering this company. The report is one of more than 1,400 US equity reports available on the platform.
These filings and corporate financing actions provide clear, recorded movements in insider ownership and in the company’s capital structure. The sale and option exercise are documented in the SEC filing, and the debt transactions are described in the company disclosures related to the private placement and tender offer. The analyst initiation and valuation basis are reported by Truist Securities in its coverage initiation.