Kodiak Gas (NYSE: KGS) EVP reports routine tax withholding of vested share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Gas Services EVP & CHRO Cory Anne Roclawski reported a routine tax-related share disposition. The company withheld 2,706 shares of Common Stock to cover tax obligations tied to the vesting of restricted shares. After this withholding, she directly holds 28,831 shares, which include 132 shares acquired through the Employee Stock Purchase Plan since her last Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roclawski Cory Anne
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,706 | $66.23 | $179K |
Holdings After Transaction:
Common Stock — 28,831 shares (Direct, null)
Footnotes (1)
- Issuer withheld shares to satisfy the tax withholding obligations associated with the vesting of restricted shares. Includes 132 shares of Common Stock acquired since the Reporting Person's last Form 4 through participation in the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 2,706 shares
Price per share reference: $66.23 per share
Shares held after transaction: 28,831 shares
+1 more
4 metrics
Shares withheld for taxes
2,706 shares
Tax withholding on vesting of restricted shares
Price per share reference
$66.23 per share
Form 4 transaction price field for withheld shares
Shares held after transaction
28,831 shares
Direct Common Stock ownership after tax withholding
ESPP shares included
132 shares
Acquired via Employee Stock Purchase Plan since last Form 4
Key Terms
restricted shares, Employee Stock Purchase Plan, tax withholding obligations, Form 4
4 terms
Employee Stock Purchase Plan financial
"acquired since the Reporting Person's last Form 4 through participation in the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"Issuer withheld shares to satisfy the tax withholding obligations associated with the vesting of restricted shares"
Form 4 regulatory
"acquired since the Reporting Person's last Form 4 through participation"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Kodiak Gas Services (KGS) report for Cory Anne Roclawski?
Kodiak Gas Services reported a tax-withholding share disposition. The issuer withheld 2,706 shares of Common Stock from EVP & CHRO Cory Anne Roclawski to satisfy tax obligations arising from the vesting of restricted shares, rather than an open-market sale.
Was the Kodiak Gas Services (KGS) Form 4 transaction an open-market sale?
No, it was a tax-withholding disposition, not a market sale. The 2,706 shares were withheld by the issuer to satisfy tax obligations tied to restricted share vesting, rather than being sold on the open market for cash proceeds.