Kodiak Gas (KGS) COO has 2,624 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Gas Services Executive Vice President & COO William Chad Lenamon reported routine equity activity. The issuer withheld 2,624 shares of Common Stock at $66.23 per share to cover tax obligations tied to the vesting of restricted shares, a non-market disposition. After this withholding, he directly holds 88,294 shares of Common Stock and indirectly holds 1,100 shares through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lenamon William Chad
Role
Executive Vice President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,624 | $66.23 | $174K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 88,294 shares (Direct, null);
Common Stock — 1,100 shares (Indirect, By son)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 2,624 shares
Withholding price: $66.23 per share
Direct holdings after transaction: 88,294 shares
+1 more
4 metrics
Tax-withheld shares
2,624 shares
Shares withheld to satisfy tax obligations on vesting restricted shares
Withholding price
$66.23 per share
Price used for tax-withholding disposition
Direct holdings after transaction
88,294 shares
Common Stock directly held after tax withholding
Indirect holdings
1,100 shares
Common Stock held indirectly through son
Key Terms
tax withholding obligations, restricted shares, Common Stock, indirect ownership, +1 more
5 terms
tax withholding obligations financial
"Issuer withheld shares to satisfy the tax withholding obligations associated with the vesting of restricted shares"
Common Stock financial
"2,624 shares of Common Stock at $66.23 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"indirectly holds 1,100 shares through his son"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Kodiak Gas Services (KGS) report for William Chad Lenamon?
Kodiak Gas Services reported that Executive Vice President & COO William Chad Lenamon had 2,624 shares of Common Stock withheld to satisfy tax obligations from the vesting of restricted shares. This was a non-market transaction classified as a tax-withholding disposition.
Was the Kodiak Gas Services (KGS) insider transaction an open-market sale or purchase?
The transaction was not an open-market sale or purchase. Shares were withheld by the issuer to meet tax obligations associated with vesting restricted shares, categorized as a tax-withholding disposition rather than a discretionary trade in the market.
How is the indirect ownership reported for Kodiak Gas Services (KGS) in this Form 4?
The Form 4 reports 1,100 Kodiak Gas Services Common Stock shares as indirectly owned by William Chad Lenamon through his son. This holding is classified as indirect ownership and is separate from his directly held 88,294 shares after the reported transaction.