Archrock (AROC) director receives 5,313 restricted stock units and holds 134,300 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archrock, Inc. director receives equity grant. Director Edmund P. Segner III was granted 5,313 shares of Archrock common stock on a deferred-fee basis valued at $0 per share, reflecting a restricted stock unit award under the company’s 2020 Stock Incentive Plan. Following this grant, he beneficially owns 134,300 shares directly.
The award vests in four equal 25% installments on the grant date and on June 1, September 1, and December 1, 2026. Each restricted stock unit will be settled one-for-one in Archrock common stock, with optional deferred delivery, and is subject to potential forfeiture or accelerated vesting under the award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEGNER EDMUND P III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,313 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 134,300 shares (Direct)
Footnotes (1)
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FAQ
What did Archrock (AROC) disclose in this Form 4 filing?
Archrock reported that director Edmund P. Segner III received a grant of 5,313 restricted stock units of common stock. These units vest in four installments during 2026 and are part of the company’s 2020 Stock Incentive Plan for director compensation.
What are the vesting terms of the Archrock (AROC) restricted stock units?
The 5,313 restricted stock units vest in four equal 25% installments. Vesting occurs on the grant date and then on June 1, September 1, and December 1, 2026, subject to the award’s forfeiture and accelerated vesting provisions.
How will the Archrock (AROC) restricted stock units be settled?
Each restricted stock unit will be settled on a one-for-one basis in shares of Archrock common stock. At the election of the reporting person, settlement can involve deferred delivery, meaning actual share delivery may occur at a later date under plan rules.
Is this Archrock (AROC) Form 4 transaction a purchase or a grant?
This Form 4 reflects a grant of restricted stock units, not an open-market purchase. The transaction code is “A” for an acquisition at $0 per share, consistent with equity compensation granted under Archrock’s 2020 Stock Incentive Plan.
What risks or conditions apply to the Archrock (AROC) restricted stock unit award?
The award is subject to possible forfeiture or accelerated vesting under specified events detailed in the Award Notice and Agreement. These conditions can affect whether and when the director ultimately receives Archrock common shares from the units.