Form 4: EOG Resources Executive Michael P. Donaldson Reports Stock Transaction
SEC Form 4 Filing
EOG Resources' EVP, Gen. Counsel & Corp Sec Michael P. Donaldson reports the disposition of 1,239 shares to cover taxes upon vesting of performance units.
Summary
- On February 28, 2024, Michael P. Donaldson, EVP, Gen. Counsel & Corp Sec of EOG Resources, reported a transaction involving common stock.
- Donaldson disposed of 1,239 shares of common stock at a price of $114.17 per share to cover taxes related to the vesting of performance units.
- Following the transaction, Donaldson directly owns 108,901.443 shares of EOG Resources common stock.
- Donaldson also indirectly owns 8,000 shares through each of the Family Trust (AD), Family Trust (KD), and Family Trust (PD).
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't inherently signal positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Michael P. Donaldson, transact in their company's stock. It provides transparency to the market regarding the trading activities of those with privileged information.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction (disposal of shares). |
| 02/28/2024 | Vesting date of 4,994 performance units. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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