Form 4: Archrock Director Jason C. Rebrook Acquires Restricted Stock

Director Jason C. Rebrook acquired 4,668 shares of restricted stock in Archrock, Inc. on January 30, 2025.

Summary

• Jason C. Rebrook, a director at Archrock, Inc., acquired 4,668 shares of restricted stock on January 30, 2025.
• The shares were granted under the company's 2020 Stock Incentive Plan.
• The restricted stock will vest in four equal installments of 25% each on the grant date, June 1, September 1, and December 1, 2025.
• The award is subject to forfeiture or accelerated vesting based on certain events outlined in the Award Notice and Agreement.
• Following the transaction, Mr. Rebrook directly owns 54,511 shares of Archrock stock.

Sentiment

Score: 7

Explanation: The document reflects a standard insider transaction, which is generally positive as it aligns the director's interests with shareholders. There are no negative implications.

Positives

• The acquisition of restricted stock by a director demonstrates confidence in the company's future performance.
• The vesting schedule incentivizes the director to remain with the company and contribute to its success.

Risks

• The restricted stock is subject to forfeiture under certain conditions, which could impact the director's holdings.
• The vesting schedule could be affected by unforeseen events.

Industry Context

This is a standard transaction for a director of a public company, often used as part of compensation and to align the director's interests with those of the shareholders.

Comparison to Industry Standards

• Restricted stock grants are a common form of executive compensation in the energy sector, similar to practices at companies like Kinder Morgan and Williams Companies.
• The vesting schedule of 25% per quarter is a typical approach to ensure long-term commitment from the director, aligning with industry norms.

Stakeholder Impact

• The transaction is likely to have a neutral to slightly positive impact on shareholders, as it demonstrates the director's commitment to the company.
• The vesting schedule may encourage the director to focus on long-term value creation.

Key Dates

Keywords

Archrock, restricted stock, stock incentive plan, director, insider trading, beneficial ownership, vesting