EOG legal chief sells 7,336 shares at $148
EOG’s chief legal officer disclosed a September 11, 2026 open-market stock sale while retaining over 100,000 shares directly plus additional trust holdings.
Rhea-AI Filing Summary
EOG RESOURCES INC (EOG) reported that executive vice president and chief legal officer Michael P. Donaldson sold 7,336 shares of common stock on September 11, 2026 in an open-market or private transaction at $148.00 per share. After this sale he held 100,558.1626 shares directly and 10,000 shares in each of three family trusts as indirect holdings. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 7,336 shares
Net Sell
4 txns
Insider
Donaldson Michael P
Role
EVP & Chief Legal Officer
Sold
7,336 shs ($1.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,336 | $148.00 | $1.09M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 100,558.1626 shares (Direct);
Common Stock — 10,000 shares (Indirect, Family Trust 1);
Common Stock — 10,000 shares (Indirect, Family Trust 2);
Common Stock — 10,000 shares (Indirect, Family Trust 3)
Key Figures
Shares sold: 7,336 shares
Sale price per share: $148.00 per share
Direct holdings after transaction: 100,558.1626 shares
+3 more
6 metrics
Shares sold
7,336 shares
Common stock sale on September 11, 2026
Sale price per share
$148.00 per share
Open-market or private transaction on September 11, 2026
Direct holdings after transaction
100,558.1626 shares
Direct ownership following September 11, 2026 sale
Family Trust 1 holdings
10,000 shares
Indirect ownership in Family Trust 1 as of September 11, 2026
Family Trust 2 holdings
10,000 shares
Indirect ownership in Family Trust 2 as of September 11, 2026
Family Trust 3 holdings
10,000 shares
Indirect ownership in Family Trust 3 as of September 11, 2026
Key Terms
indirect ownership, Rule 10b5-1, open-market or private transaction
3 terms
indirect ownership financial
"lists indirect ownership in Family Trust 1, Family Trust 2, and"
Rule 10b5-1 regulatory
"The document-level checkbox for Rule 10b5-1 is not affirmed"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market or private transaction financial
"Sale in open market or private transaction at $148.00 per share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EOG executive Michael P. Donaldson report for EOG stock?
He reported a sale of 7,336 shares of EOG common stock on September 11, 2026 in an open-market or private transaction at $148.00 per share, according to the Form 4 filing.
Does the Form 4 indicate any indirect holdings of EOG stock by Michael P. Donaldson?
Yes. The filing lists indirect ownership of 10,000 shares of EOG common stock in each of Family Trust 1, Family Trust 2, and Family Trust 3 as of September 11, 2026.
Was Michael P. Donaldson’s EOG stock sale made under a Rule 10b5-1 plan?
The document-level checkbox for Rule 10b5-1 is not affirmed (set to false), so no Rule 10b5-1 trading plan is reported for this transaction in the Form 4.
What role does Michael P. Donaldson hold at EOG (EOG) in this Form 4?
Michael P. Donaldson is identified as an Executive Vice President & Chief Legal Officer of EOG RESOURCES INC in the reporting person information.
Is this EOG Form 4 primarily a buy or sell transaction?
It is primarily a sell transaction. The transaction summary shows one sale totaling 7,336 shares of EOG common stock and no reported purchases or derivative exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.