EOG EVP Donaldson granted 15,933 performance shares
EOG Resources executive Michael P. Donaldson reported an equity award tied to past performance.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,933 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The Reporting Person received an award of 15,933 Performance Units on 9/29/2022 ("2022 Award"). The applicable performance metric is the total shareholder return ("TSR") of the Issuer over a 3-year performance period (Jan. 2023 - Dec. 2025) relative to the TSR of each of the Issuer's 9 designated peer companies. As set forth in the award agreement, a performance multiple between 0% and 200% (based on the (1) Issuer's TSR rank for such performance period and (2) Absolute ROCE Modifier and Negative TSR Cap adjustment provisions) shall be applied to the number of Performance Units awarded. The performance multiple applicable to the 2022 Award (as certified by the Compensation & Human Resources Committee on 2/10/2026) was 100%. Accordingly, 15,933 Performance Units will "cliff" vest on 2/28/2026. The shares of the Issuer's common stock represented by such Performance Units will be distributed to the Reporting Person following such vesting date.
FAQ
What insider transaction did EOG (EOG) report for Michael P. Donaldson?
What performance metrics determined Michael P. Donaldson’s 2022 EOG equity award?
When will the EOG (EOG) performance units for Michael P. Donaldson vest and pay out?
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