Form 4: Archrock SVP, General Counsel Stephanie C. Hildebrandt Reports Stock Transactions

Stephanie C. Hildebrandt, SVP and General Counsel of Archrock, Inc., reports the vesting of performance-based restricted stock units and subsequent stock transactions on March 6, 2025.

Summary

• On March 6, 2025, Stephanie C. Hildebrandt, SVP and General Counsel of Archrock, Inc., reported transactions involving Archrock's common stock.
• 42,806 performance share units (PSUs) were converted into shares of common stock.
• These PSUs were part of a January 27, 2022 award, contingent on Archrock's total shareholder return relative to its peers between January 1, 2022, and December 31, 2024.
• The Compensation Committee determined that the award was achieved at 200% of the target.
• 16,845 shares were forfeited to cover tax obligations related to the vesting of the 2022 PSUs at a price of $29.7.
• Following these transactions, Hildebrandt directly owns 402,725 shares of Archrock common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The vesting of performance-based equity suggests the company met its performance targets, which is generally a positive signal. However, the document primarily reports transactions rather than overall company performance.

Positives

• The vesting of performance share units indicates that Archrock achieved a significant level of performance relative to its peers, as determined by the Compensation Committee at 200% of target.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The vesting of performance-based equity indicates alignment of management incentives with shareholder returns.

Stakeholder Impact

• The vesting of performance-based equity aligns management's interests with those of shareholders.

Key Dates