Archrock (NYSE: AROC) CEO disposes shares via tax withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archrock, Inc. President and CEO D. Bradley Childers reported a tax-related share disposition. On the transaction date, the issuer withheld 96,077 shares of common stock at $27.85 per share to cover tax obligations tied to vested shares. Following this non‑market tax-withholding transaction, Childers directly owns 2,368,723 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHILDERS D BRADLEY
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 96,077 | $27.85 | $2.68M |
Holdings After Transaction:
Common Stock — 2,368,723 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Archrock (AROC) report for its CEO?
Archrock reported a tax-related share disposition by its CEO. The issuer withheld 96,077 common shares to satisfy tax obligations from vested shares, rather than an open-market sale, leaving the CEO with 2,368,723 directly owned shares afterward.
Was the Archrock (AROC) CEO’s Form 4 transaction an open-market sale?
No, the CEO’s Form 4 transaction was not an open-market sale. The filing shows an F-code tax-withholding disposition where Archrock withheld 96,077 shares to pay taxes owed on vested stock, rather than the CEO selling shares in the market.
What does transaction code F mean in the Archrock (AROC) CEO filing?
Transaction code F indicates a tax-withholding disposition. In this Archrock filing, the company withheld 96,077 shares from the CEO to satisfy tax liabilities on vested stock, instead of the CEO selling shares in the open market for cash.