Archrock (AROC) CEO Childers makes bona fide gift of 43,350 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archrock, Inc. President and CEO D. Bradley Childers reported a bona fide gift of 43,350 shares of common stock at no price consideration. After this gift transfer, his directly held stake stands at 2,325,373 common shares, reflecting a continued significant ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,350 shares gifted
Mixed
1 txn
Insider
CHILDERS D BRADLEY
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 43,350 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,325,373 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Archrock (AROC) report for D. Bradley Childers?
Archrock reported that President and CEO D. Bradley Childers made a bona fide gift of 43,350 shares of common stock. The Form 4 shows this as a non-sale, no-price gift transfer, categorized under transaction code G for bona fide gift disposition.
What does transaction code G mean in the Archrock (AROC) Form 4 filing?
Transaction code G in the Archrock Form 4 indicates a bona fide gift disposition. In this case, it reflects that 43,350 common shares were transferred as a gift rather than sold, with a reported price per share of $0.00, meaning no cash consideration was received.
Is the Archrock (AROC) CEO’s ownership reported as direct or indirect in this Form 4?
The Form 4 lists D. Bradley Childers’ ownership of Archrock common stock as direct. The direct_or_indirect field is marked D, and the ownership code is D, indicating the 2,325,373 shares after the gift are held directly rather than through an intermediate entity.