Kodiak Gas Services files Form 4/A—administrative update to insider holdings
Rhea-AI Filing Summary
Kodiak Gas Services, Inc. (KGS) – Form 4/A amendment
The filing corrects the original Form 4 submitted on 7 July 2025 for President & CEO Robert M. McKee. The amendment (i) revises the actual transaction date to 3 July 2025 and (ii) adds previously omitted indirect holdings.
- Transaction code F: 9,838 common shares were withheld at $33.81 per share to cover tax obligations triggered by the vesting of restricted stock.
- Post-transaction ownership: 186,500 shares held directly and 16,180 shares held indirectly through StarMac Investments, Ltd., whose general partner is managed by Mr. McKee.
- No open-market purchase or sale occurred; the transaction is administrative and non-cash.
The amendment improves accuracy by aligning the filing date with the actual vesting event and disclosing indirect beneficial ownership, but it does not signal any change in strategic outlook or cash sale of shares.
Positive
- Enhanced transparency: Amendment discloses 16,180 indirectly held shares, giving investors a clearer view of total insider ownership.
- Administrative accuracy: Corrects transaction date, ensuring compliance with Section 16 reporting rules.
Negative
- Share count reduction: 9,838 shares deducted from direct holdings, though derived from tax withholding rather than discretionary selling.
Insights
TL;DR – Routine amendment; no market-moving action.
The filing merely corrects clerical details and adds 16,180 indirectly held shares. The 9,838-share disposition via code F is a standard tax-withholding event accompanying restricted-stock vesting; it neither injects cash to Mr. McKee nor reflects a discretionary sale. Ownership remains substantial (≈202.7 k shares combined), indicating continued alignment with shareholders. Investors should view this as neutral housekeeping rather than an indication of insider sentiment.