Form 4: Archrock Inc. Executive Jason Ingersoll Reports Stock Transaction

Senior Vice President Jason Ingersoll of Archrock, Inc. reports disposition of shares to cover tax obligations related to vesting restricted shares.

Summary

• On March 5, 2024, Jason Ingersoll, a Senior Vice President at Archrock, Inc., reported a transaction involving the disposition of 7,546 shares of common stock.
• The shares were disposed of to satisfy tax withholding obligations associated with the vesting of restricted shares.
• The price per share was $18.27.
• Following the transaction, Ingersoll directly owns 289,066 shares of Archrock, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates