Form 4: Archrock CFO Doug S. Aron Reports Stock Transaction
SEC Form 4 Filing
Doug S. Aron, CFO of Archrock, Inc., reports the disposition of shares to cover tax obligations related to vesting restricted shares.
Summary
- On March 5, 2024, Doug S. Aron, the Senior Vice President and CFO of Archrock, Inc., reported a transaction involving the disposition of common stock.
- The transaction involved the withholding of 13,835 shares at a price of $18.27 to satisfy tax withholding obligations associated with the vesting of restricted shares.
- Following the transaction, Aron directly owns 539,025 shares of Archrock, Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to vested equity.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a standard procedure for tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of the stock transaction (disposition of shares). |
| 03/07/2024 | Date of signature for the Form 4 filing. |
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