Archrock (AROC) SVP has 15,665 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archrock, Inc. senior vice president Jason Ingersoll reported a Form 4 transaction involving company common stock. On the reported date, the issuer withheld 15,665 shares at $27.85 per share to cover the maximum allowable tax withholding obligation tied to recently acquired and vested shares. This was a tax-withholding disposition back to the company rather than an open-market sale. After this withholding event, Ingersoll directly owned 310,454 shares of Archrock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ingersoll Jason
Role
SENIOR VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 15,665 | $27.85 | $436K |
Holdings After Transaction:
Common Stock — 310,454 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Archrock (AROC) report for Jason Ingersoll?
Archrock reported that senior vice president Jason Ingersoll had 15,665 common shares withheld by the issuer to cover maximum allowable tax obligations on vested shares, as disclosed in a Form 4 filing.
Was the Archrock (AROC) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition. Archrock withheld 15,665 shares from Jason Ingersoll to satisfy tax obligations associated with the acquisition and vesting of shares.
What does transaction code F mean in the Archrock (AROC) Form 4?
Transaction code F indicates payment of an exercise price or tax liability using securities. Here it reflects Archrock withholding 15,665 shares from Jason Ingersoll to cover tax obligations on vested shares.
Who is the insider involved in the latest Archrock (AROC) Form 4 filing?
The insider is Jason Ingersoll, a senior vice president at Archrock, Inc. The Form 4 details a tax-withholding share disposition related to his equity award vesting.