Form 4: Archrock Inc. Executive Stephanie C. Hildebrandt Reports Stock Award

Stephanie C. Hildebrandt, SVP and General Counsel at Archrock, Inc., reported the acquisition of 24,174 shares of restricted stock on January 30, 2025.

Summary

• Stephanie C. Hildebrandt, a Senior Vice President and General Counsel at Archrock, Inc., has reported a transaction involving the company's stock.
• On January 30, 2025, Ms. Hildebrandt acquired 24,174 shares of common stock as a restricted stock award.
• The shares were granted at a price of $0.
• Following this transaction, Ms. Hildebrandt's total holdings in Archrock, Inc. amount to 400,970 shares.
• The restricted stock award vests over a three-year period, with one-third vesting each year starting on the first anniversary of the grant date.
• The vesting of the award is subject to certain conditions outlined in a Change of Control Agreement, Severance Benefit Agreement, and an Award Notice and Agreement.

Sentiment

Score: 7

Explanation: The document is a routine filing related to executive compensation, which is generally viewed as neutral to slightly positive as it aligns executive interests with company performance.

Positives

• The grant of restricted stock to a key executive like Stephanie C. Hildebrandt aligns her interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the executive.

Risks

• The vesting of the restricted stock is subject to certain conditions, including those outlined in a Change of Control Agreement, Severance Benefit Agreement, and an Award Notice and Agreement, which could impact the final vesting of the shares.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when executives receive stock awards. It reflects typical compensation practices for senior management.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies to incentivize executives.
• The three-year vesting period is a typical vesting schedule for restricted stock awards.
• Companies like Kinder Morgan, Williams Companies, and Energy Transfer also use stock-based compensation as part of their executive pay packages.

Stakeholder Impact

• The stock award to Ms. Hildebrandt aligns her interests with those of shareholders, as her compensation is tied to the company's performance.
• The vesting schedule encourages long-term commitment from a key executive.

Key Dates

Keywords

Archrock, restricted stock, stock award, insider trading, Form 4, executive compensation, Stephanie C. Hildebrandt