USA Compression (USAC) awards 20,000 restricted common units to executive Porter
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Porter Christopher W reported acquisition or exercise transactions in this Form 4 filing.
USA Compression Partners, LP reported that executive Christopher W. Porter received an award of 20,000 Common Units as a compensation grant, not an open-market purchase. These are Restricted Units that vest 60% on December 5, 2028 and 40% on December 5, 2030, generally contingent on his continued employment. Following this award, Porter holds a total of 128,001 Common Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Porter Christopher W
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 20,000 | $0.00 | -- |
Holdings After Transaction:
Common Units — 128,001 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted Units granted: 20,000 Common Units
Holdings after transaction: 128,001 Common Units
First vesting tranche: 60% of 20,000 units
+1 more
4 metrics
Restricted Units granted
20,000 Common Units
Award under Long-Term Incentive Plan
Holdings after transaction
128,001 Common Units
Direct ownership following award
First vesting tranche
60% of 20,000 units
Vests on December 5, 2028
Second vesting tranche
40% of 20,000 units
Vests on December 5, 2030
Key Terms
Restricted Units, Long-Term Incentive Plan, vesting
3 terms
Restricted Units financial
"An award of Restricted Units granted under the USA Compression Partners, LP Long-Term Incentive Plan"
Long-Term Incentive Plan financial
"granted under the USA Compression Partners, LP Long-Term Incentive Plan that will vest 60% on December 5, 2028"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
vesting financial
"that will vest 60% on December 5, 2028 and 40% on December 5, 2030"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Christopher W. Porter acquire in the latest USA Compression (USAC) Form 4?
Christopher W. Porter received a grant of 20,000 Common Units as Restricted Units. The award is part of his compensation and not an open-market purchase, reflecting equity-based incentives tied to continued employment with USA Compression Partners, LP.
How do the 20,000 Restricted Units for USAC’s Christopher Porter vest?
The 20,000 Restricted Units vest in two stages: 60% on December 5, 2028 and 40% on December 5, 2030. Vesting is generally contingent on Porter remaining employed by USA Compression Partners, LP or an affiliate on each vesting date.
Is the Form 4 transaction for USA Compression’s Christopher Porter a market purchase?
No, the transaction is a compensation-related grant coded as an acquisition (A), not a market purchase. Porter received 20,000 Restricted Units at no stated purchase price under the USA Compression Partners, LP Long-Term Incentive Plan.
What is Christopher Porter’s total USAC Common Unit ownership after this grant?
After the award, Christopher Porter directly holds 128,001 Common Units. This total includes the newly granted 20,000 Restricted Units, which will vest over time according to the specified schedule and continued employment conditions.
Under which plan were the 20,000 USAC Restricted Units granted to Christopher Porter?
The 20,000 Restricted Units were granted under the USA Compression Partners, LP Long-Term Incentive Plan. This plan provides equity-based awards, such as Restricted Units, that typically vest over multiple years and require continued employment.