EOG Resources EVP granted 8,497 performance shares
EOG Resources EVP & COO Jeffrey R. Leitzell reported an equity award tied to past performance.
Rhea-AI Filing Summary
EOG Resources EVP & COO Jeffrey R. Leitzell reported an equity award tied to past performance. On 02/10/2026, he acquired 8,497 shares of EOG common stock at a price of $0 per share, increasing his directly held stake to 63,481.492 shares.
The transaction reflects settlement mechanics of a 2022 Performance Unit grant. That 8,497-unit award was based on EOG’s total shareholder return from January 2023 through December 2025 versus nine peer companies, with a performance multiple ranging from 0% to 200%. The applicable multiple was certified at 100%, so all 8,497 units will cliff vest on 02/28/2026, after which the underlying common shares will be delivered to Leitzell.
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Insights
Routine performance-based equity award vests at target for EOG’s COO.
This filing shows EVP & COO Jeffrey R. Leitzell acquiring 8,497 EOG shares at $0 per share, stemming from a 2022 Performance Unit award. The grant is tied to three-year total shareholder return versus nine peers, with a performance multiple between 0% and 200%.
The Compensation & Human Resources Committee certified a 100% performance multiple on 02/10/2026, so the award pays out at target rather than above or below it. The units cliff vest on 02/28/2026, after which common shares will be distributed, raising Leitzell’s direct holdings to 63,481.492 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,497 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person received an award of 8,497 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, 8,497 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 EVP & COO Jeffrey R. Leitzell?
What performance period determined the 8,497 Performance Units awarded to EOG’s EVP & COO?
What performance multiple applied to Jeffrey R. Leitzell’s 2022 EOG Performance Unit award?
How is the performance multiple for EOG’s 2022 Performance Units calculated?
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