Kodiak Gas (NYSE: KGS) CIO logs 4,625-share open-market stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Gas Services, Inc. Chief Information Officer Pedro R. Buhigas reported an open-market sale of Common Stock. On June 17, 2026, he sold 4,625 shares at $67.78 per share in a transaction coded as an open-market sale.
The trade was made pursuant to a Rule 10b5-1 trading plan adopted on November 21, 2025, indicating it was pre-scheduled. Following this transaction, Buhigas directly holds 38,454 shares of Kodiak Gas Services common stock, which includes 356 shares acquired since his last Form 4 through the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,625 shares ($313,483)
Net Sell
1 txn
Insider
Buhigas Pedro R.
Role
Chief Information Officer
Sold
4,625 shs ($313K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,625 | $67.78 | $313K |
Holdings After Transaction:
Common Stock — 38,454 shares (Direct, null)
Footnotes (1)
- This transaction is pursuant to a 10b5-1 trading plan adopted November 21, 2025. Includes 356 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 sold: 4,625 shares
Sale price: $67.78 per share
Shares held after transaction: 38,454 shares
+2 more
5 metrics
Shares sold
4,625 shares
Open-market sale of Common Stock on June 17, 2026
Sale price
$67.78 per share
Price for the 4,625-share open-market sale
Shares held after transaction
38,454 shares
Direct ownership by Pedro R. Buhigas following the sale
ESPP shares included
356 shares
Acquired since last Form 4 via Employee Stock Purchase Plan
Net shares sold
4,625 shares
Net selling activity in this Form 4
Key Terms
Rule 10b5-1 trading plan, open-market sale, Employee Stock Purchase Plan
3 terms
Rule 10b5-1 trading plan financial
"This transaction is pursuant to a 10b5-1 trading plan adopted November 21, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale; transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Purchase Plan financial
"Includes 356 shares of Common Stock acquired ... 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.
FAQ
What insider transaction did Kodiak Gas Services (KGS) report for Pedro R. Buhigas?
Kodiak Gas Services reported that CIO Pedro R. Buhigas sold 4,625 shares of Common Stock in an open-market transaction at $67.78 per share. This sale was disclosed on Form 4 as a routine insider trade under a pre-established trading plan.
Was the Kodiak Gas Services (KGS) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on November 21, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary timing decisions.