Kodiak Gas Services (KGS) director receives 2,135 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Drumgoole Christopher reported acquisition or exercise transactions in this Form 4 filing.
Kodiak Gas Services, Inc. director Christopher Drumgoole reported an equity compensation grant of 2,135 restricted stock units tied to the company’s common stock. The units will vest and settle in shares on the earlier of May 7, 2027, or the next annual meeting of stockholders following the grant date. After this grant, Drumgoole directly holds 22,541 shares, indicating a routine, non‑cash award rather than an open‑market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drumgoole Christopher
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,135 | $70.27 | $150K |
Holdings After Transaction:
Common Stock — 22,541 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,135 units
Grant fair value per unit: $70.27 per share
Shares owned after grant: 22,541 shares
+1 more
4 metrics
RSUs granted
2,135 units
Restricted stock units awarded to director on May 7, 2026
Grant fair value per unit
$70.27 per share
Reference price for the restricted stock unit award
Shares owned after grant
22,541 shares
Total direct holdings following the reported RSU award
Vesting date
May 7, 2027
Latest date when RSUs will vest, or earlier at next annual meeting
Key Terms
restricted stock units, vest, annual meeting of stockholders
3 terms
restricted stock units financial
"The reported securities are restricted stock units that will vest and settle in shares of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"restricted stock units that will vest and settle in shares of common stock on the earlier of May 7, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"on the earlier of May 7, 2027 and the next annual meeting of stockholders following the date of grant"
FAQ
What did Christopher Drumgoole acquire in Kodiak Gas Services (KGS) according to this Form 4?
Christopher Drumgoole received 2,135 restricted stock units linked to Kodiak Gas Services common stock as an equity award. These units are compensation, not an open-market purchase, and will convert into shares when they vest under the stated vesting conditions.
When do the new restricted stock units for Kodiak Gas Services (KGS) director vest?
The 2,135 restricted stock units will vest and settle in shares on the earlier of May 7, 2027, and the next annual meeting of stockholders following the grant date. Vesting must occur before Drumgoole receives the underlying common shares.
Was the Kodiak Gas Services (KGS) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 reflects a compensation-related grant, coded as an “A” transaction for an award or other acquisition. Drumgoole did not buy shares on the open market; he received 2,135 restricted stock units as part of his director compensation package.
What does the transaction code "A" mean in the Kodiak Gas Services (KGS) Form 4?
The transaction code “A” indicates a grant, award, or other acquisition of securities rather than an open-market trade. Here, it represents the issuance of 2,135 restricted stock units to director Christopher Drumgoole as part of his equity compensation.
Are the restricted stock units in this Kodiak Gas Services (KGS) filing immediately tradable?
The restricted stock units are not immediately tradable because they must vest before converting into common shares. Vesting and settlement occur on the earlier of May 7, 2027, and the next annual meeting of stockholders after the grant date.