Kodiak Gas (KGS) CIO gains stock awards, 11,266 shares withheld
Rhea-AI Filing Summary
Kodiak Gas Services, Inc. Chief Information Officer Pedro R. Buhigas reported equity compensation awards and related tax withholding. He received 7,157 restricted stock units that vest in three equal installments beginning March 8, 2027. He was also credited with 21,000 performance-based restricted stock units earned on metrics such as discretionary cash flow, leverage, absolute total shareholder return and an ESG scorecard for the period from June 28, 2023 to December 31, 2025, which vested on March 8, 2026 and converted into common shares on a one-for-one basis. The issuer withheld 11,266 shares to cover tax obligations tied to the vesting, and Buhigas directly held 56,665 shares of common stock as of the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,157 | $55.89 | $400K |
| Grant/Award | Common Stock | 21,000 | $55.89 | $1.17M |
| Tax Withholding | Common Stock | 11,266 | $55.89 | $630K |
Footnotes (1)
- The reported securities are restricted stock units that vest and settle in shares of common stock in three equal installments beginning March 8, 2027. Represents an award of performance based restricted stock units the payout of which was subject to the achievement of performance metrics related to discretionary cash flow, consolidated net leverage ratio, absolute total shareholder return and an ESG scorecard over the period of June 28, 2023 to December 31, 2025. The Personnel and Compensation Committee certified the shares with a vest date of March 8, 2026. The restricted stock units converted into shares of common stock on a one-for-one basis. Issuer withheld shares to satisfy the tax withholding obligations associated with the vesting of restricted shares. Excludes 47,455 shares of performance based restricted stock units that were initially voluntarily reported, but unvested as of the Form 3A filed 1/5/2026; the amount of shares beneficially owned (56,665) as of this transaction date reflects the performance based restricted stock units actually earned and vested.