Kodiak Gas Services (KGS) CFO has shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Gas Services, Inc. Executive VP & CFO John Griggs reported a routine tax-related share disposition. The issuer withheld 3,771 shares of Common Stock at $66.23 per share to cover tax obligations on vested restricted shares. After this withholding, Griggs directly holds 102,174 shares of Kodiak Gas Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griggs John
Role
Executive VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,771 | $66.23 | $250K |
Holdings After Transaction:
Common Stock — 102,174 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 3,771 shares
Withholding price per share: $66.23 per share
Shares held after transaction: 102,174 shares
+1 more
4 metrics
Shares withheld for taxes
3,771 shares
Tax withholding on vesting of restricted shares
Withholding price per share
$66.23 per share
Value used for withheld common stock
Shares held after transaction
102,174 shares
Direct ownership after tax-withholding disposition
Tax withholding shares (summary)
3,771 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted shares, tax withholding obligations, Common Stock, Executive VP & CFO
4 terms
tax withholding obligations financial
"Issuer withheld shares to satisfy the tax withholding obligations associated"
Common Stock financial
"security_title": "Common Stock""
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.
Executive VP & CFO financial
"officer_title": "Executive VP & CFO""
FAQ
What insider transaction did Kodiak Gas Services (KGS) report for John Griggs?
Kodiak Gas Services reported a tax-related share disposition for Executive VP & CFO John Griggs. The issuer withheld 3,771 common shares to satisfy tax obligations arising from the vesting of restricted shares, a routine non-market transaction.
Was the KGS Form 4 transaction a market sale by John Griggs?
The Form 4 reflects a tax-withholding disposition, not an open-market sale. Kodiak Gas Services withheld 3,771 shares to cover tax obligations on vested restricted shares, a common administrative step in equity compensation.