[Form 4] Kodiak Gas Services, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Kodiak Gas Services Executive Vice President & COO William Chad Lenamon reported equity compensation awards and related tax withholding in company stock. He received 10,736 restricted stock units at a reference price of $55.89 per share that will vest in three equal installments beginning on March 8, 2027. He also received 48,000 performance-based restricted stock units that were earned based on metrics such as discretionary cash flow, leverage, total shareholder return and an ESG scorecard for the period from June 28, 2023 to December 31, 2025, and that vested on March 8, 2026 and converted into common shares on a one-for-one basis. To cover tax obligations tied to these vestings, the issuer withheld 22,475 shares, which is recorded as a disposition but not an open-market sale. After these transactions, Lenamon directly holds 91,918 shares of Kodiak Gas Services common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,736 | $55.89 | $600K |
| Grant/Award | Common Stock | 48,000 | $55.89 | $2.68M |
| Tax Withholding | Common Stock | 22,475 | $55.89 | $1.26M |
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.