Form 4: Civitas Resources Executive Jeffrey S. Kelly Reports Stock Transaction
SEC Form 4 Filing
Jeffrey S. Kelly, Chief Transformation Officer of Civitas Resources, reports disposition of 916 shares to cover tax obligations.
Summary
- On February 19, 2025, Jeffrey S. Kelly, Chief Transformation Officer of Civitas Resources, disposed of 916 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $50.87 per share.
- Following the transaction, Kelly directly owns 17,138 shares of Civitas Resources common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock transaction |
| 02/20/2025 | Date of signature on the report |
Keywords
Form 4, Civitas Resources, CIVI, Jeffrey S. Kelly, Stock Transaction, Insider Trading, Chief Transformation Officer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.