Form 4: EOG Resources Director Michael T. Kerr Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director Michael T. Kerr of EOG Resources reported acquiring 1,589 shares of common stock and disposing of 170,000 shares held in a family trust.
Summary
- Michael T. Kerr, a director of EOG Resources, filed a Form 4 detailing changes in beneficial ownership.
- On May 28, 2024, Kerr acquired 1,589 shares of EOG Resources common stock at $0.
- On the same day, Kerr disposed of 170,000 shares of common stock held indirectly through a family trust.
- Following these transactions, Kerr directly owns 16,289.515 shares of EOG Resources common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the oil and gas industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how the market interprets the director's stock disposal.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock acquisition and disposal |
| 05/30/2024 | Date of signature by attorney-in-fact |
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