Archrock (AROC) SVP Hildebrandt has 22,975 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archrock, Inc. senior vice president and general counsel Stephanie C. Hildebrandt reported a tax-related stock transaction. On the date of the filing, the issuer withheld 22,975 shares of common stock at $27.85 per share to cover the maximum allowed tax withholding tied to the acquisition and vesting of shares. After this tax-withholding disposition, she continued to directly own 446,537 shares of Archrock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hildebrandt Stephanie C
Role
SVP, GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 22,975 | $27.85 | $640K |
Holdings After Transaction:
Common Stock — 446,537 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Archrock (AROC) report for Stephanie C. Hildebrandt?
Archrock reported that Stephanie C. Hildebrandt had 22,975 shares of common stock withheld to cover taxes on vested shares. This was a tax-withholding disposition, not an open-market sale, and was executed at $27.85 per share.
Was the Archrock (AROC) insider transaction an open-market stock sale?
No, the transaction was not an open-market sale. Archrock stated the issuer withheld the maximum allowable 22,975 shares solely to satisfy tax withholding obligations arising from the acquisition and vesting of shares.
What does transaction code F mean in the Archrock (AROC) Form 4?
Transaction code F indicates shares were used to pay a tax liability or exercise price. In this Archrock filing, shares were withheld by the issuer to satisfy Ms. Hildebrandt’s tax withholding obligation on vested stock.
What is Stephanie C. Hildebrandt’s role at Archrock (AROC) in this Form 4?
In the Form 4, Stephanie C. Hildebrandt is identified as an officer of Archrock, serving as senior vice president and general counsel. The reported transaction relates to her equity compensation and related tax withholding.