[Form 4] EOG RESOURCES INC Insider Trading Activity
Rhea-AI Filing Summary
Michael P. Donaldson, EVP & Chief Legal Officer at EOG Resources (EOG), reported non-derivative acquisitions on Form 4. On 09/26/2025 he acquired 11,252 shares and an additional 2,727 shares, bringing his reported direct beneficial ownership to 100,164.735 shares. The filings note four 10,000-share indirect holdings (Family Trusts and by spouse) and disclose larger restricted stock unit awards granted as part of his 2025 long-term incentive package: 16,878 performance units and an additional 4,091 performance units tied to his promotion, which are not yet reportable on Form 4.
Positive
- Promotion to Executive Vice President & Chief Legal Officer (effective 09/25/2025) explicitly disclosed
- Reported increase in direct beneficial ownership to 100,164.735 shares following acquisitions on 09/26/2025
- Grants of performance-based restricted stock units totaling 16,878 and 4,091 performance units (effective 09/26/2025) disclosed
Negative
- None.
Insights
TL;DR: Insider promoted to EVP received significant equity awards, aligning pay with senior role.
The Form 4 documents a promotion-related equity grant and routine annual long-term incentive awards. The reported acquisitions increase disclosed direct ownership to 100,164.735 shares while several indirect holdings of 10,000 shares each remain. The disclosure that 16,878 performance units and 4,091 performance units were granted but are "not yet reportable on Form 4" is transparent but important for governance review because these performance units may affect future vesting and dilution assumptions under the 2021 Stock Plan.
TL;DR: Reported share purchases and planned performance-unit awards modestly increase insider stake and future equity compensation.
The reported direct purchases (11,252 and 2,727 shares) are recorded at $0 price per the Form 4 reporting conventions for grant entries, and the resulting total direct beneficial ownership is 100,164.735 shares. Additional performance-based restricted units (16,878 and 4,091) were granted effective 09/26/2025 and are subject to performance conditions and plan terms. These awards are material to modeling insider alignment and potential future share count but are not yet exercisable or included in the Form 4 totals.