Archrock (AROC) SVP receives 23,997-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archrock, Inc. reported that Senior Vice President Eric W. Thode received an award of 23,997 shares of common stock on January 29, 2026 under the Archrock, Inc. 2020 Stock Incentive Plan. The restricted stock vests over three years, in equal one-third installments beginning on or about the first anniversary of the grant date.
The award may vest faster or be forfeited under conditions described in a Change of Control Agreement, a Severance Benefit Agreement, and an Award Notice and Agreement between Archrock and Thode. Following this grant, he beneficially owns 194,744 shares of Archrock common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thode Eric W
Role
SENIOR VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,997 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 194,744 shares (Direct)
Footnotes (1)
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FAQ
What are the vesting terms of Eric W. Thode’s Archrock (AROC) restricted stock grant?
The restricted stock vests over a three-year period of employment at Archrock. Vesting occurs at the rate of one-third per year, beginning on or about the first anniversary of the January 29, 2026 grant date, subject to certain acceleration or forfeiture conditions.
Under which plan was the restricted stock in this Archrock (AROC) Form 4 granted?
The restricted stock was granted under the Archrock, Inc. 2020 Stock Incentive Plan. The footnote explains that this plan provides the framework for the award, which vests over three years and is subject to specific acceleration and forfeiture provisions tied to related agreements.
What role does Eric W. Thode hold at Archrock (AROC) in this insider filing?
Eric W. Thode is identified as a Senior Vice President of Archrock, Inc. The Form 4 lists him as an officer, not a director or 10% owner, and reports his receipt of restricted stock and resulting beneficial ownership position in the company’s common stock.
What conditions can accelerate vesting or cause forfeiture of Eric W. Thode’s Archrock (AROC) award?
The award is subject to accelerated vesting or forfeiture under certain conditions. These conditions are outlined in a Change of Control Agreement, a Severance Benefit Agreement, and an Award Notice and Agreement between Archrock, Inc. and Eric W. Thode governing the restricted stock grant.