Form 4: Archrock CEO D. Bradley Childers Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Archrock's CEO, D. Bradley Childers, disposed of shares to cover tax obligations related to the vesting of restricted shares.
Summary
- On February 6, 2025, D. Bradley Childers, the President and CEO of Archrock, Inc., reported a transaction involving common stock.
- Childers disposed of shares to satisfy tax withholding obligations associated with the vesting of restricted shares.
- A total of 104,773 shares were disposed of at a price of $29.7.
- Following the transaction, Childers directly owns 2,116,697 shares of Archrock, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
Keywords
Archrock, AROC, D. Bradley Childers, Form 4, Share Disposal, Tax Obligations, Restricted Shares, Beneficial Ownership
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