Kodiak Gas (NYSE: KGS) CFO reports RSU vesting, stock awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Gas Services Executive VP & CFO John Griggs reported equity compensation awards and related tax withholding in company stock. On March 8, 2026, he received 10,736 restricted stock units that vest and settle in three equal installments beginning March 8, 2027.
He also received 54,000 shares from a performance-based restricted stock unit award that paid out based on metrics measured from June 28, 2023 to December 31, 2025 and vested on March 8, 2026. The company withheld 26,169 shares to cover tax obligations tied to the vesting, and Griggs directly holds 105,945 common shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Griggs John
Role
Executive VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,736 | $55.89 | $600K |
| Grant/Award | Common Stock | 54,000 | $55.89 | $3.02M |
| Tax Withholding | Common Stock | 26,169 | $55.89 | $1.46M |
Holdings After Transaction:
Common Stock — 78,114 shares (Direct)
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.
FAQ
What insider transactions did KGS CFO John Griggs report on March 8, 2026?
John Griggs reported equity awards and tax-related share withholding on March 8, 2026. He received 10,736 time-based restricted stock units and 54,000 shares from a performance-based restricted stock unit award, while 26,169 shares were withheld to satisfy tax obligations on the vesting.
What are the terms of the new restricted stock units granted to the KGS CFO?
The new award to the KGS CFO consists of 10,736 restricted stock units. These units vest and settle in shares of common stock in three equal installments, beginning on March 8, 2027, providing a time-based incentive that extends over multiple years of future service at Kodiak Gas Services.
What performance metrics determined the KGS CFO’s 54,000 performance-based RSUs payout?
The 54,000 performance-based restricted stock units paid out based on several metrics. These included discretionary cash flow, consolidated net leverage ratio, absolute total shareholder return, and an ESG scorecard measured from June 28, 2023 to December 31, 2025, before converting one-for-one into common shares.