EOG Resources (EOG) EVP Donaldson awarded 15,933 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EOG Resources executive Michael P. Donaldson reported an equity award tied to past performance. On February 10, 2026, he acquired 15,933 shares of common stock at a price of $0, reflecting the payout of a 2022 performance unit grant based on a total shareholder return metric versus nine peer companies. After this transaction, he directly owned 112,446.4011 EOG shares, with an additional 10,000 shares held in each of three family trusts. The filing notes that the 2022 performance units earned a 100% performance multiple, and the units will cliff vest on February 28, 2026, after which the underlying shares will be distributed.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Donaldson Michael P
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,933 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 112,446.401 shares (Direct);
Common Stock — 10,000 shares (Indirect, Family Trust 1)
Footnotes (1)
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FAQ
What insider transaction did EOG (EOG) report for Michael P. Donaldson?
EOG reported that executive Michael P. Donaldson acquired 15,933 shares of common stock at $0 on February 10, 2026. This reflects the payout of a performance-based equity award granted in 2022 and tied to EOG’s total shareholder return.
What performance metrics determined Michael P. Donaldson’s 2022 EOG equity award?
The 2022 award was based on EOG’s total shareholder return over 2023–2025 versus nine designated peer companies. A performance multiple between 0% and 200% could apply; the certified multiple for this grant was 100%, leading to 15,933 performance units earned.
When will the EOG (EOG) performance units for Michael P. Donaldson vest and pay out?
The 15,933 performance units tied to the 2022 award are scheduled to cliff vest on February 28, 2026. Following that vesting date, the underlying shares of EOG common stock will be distributed to Michael P. Donaldson as specified in the award agreement.
What role does Michael P. Donaldson hold at EOG (EOG)?
Michael P. Donaldson serves as Executive Vice President and Chief Legal Officer at EOG Resources. His position is disclosed in the Form 4, which reports his performance-based equity award and resulting ownership in EOG common stock and related family trusts.