Form 4: EOG Resources Executive Michael P. Donaldson Reports Stock Transactions
SEC Form 4
Michael P. Donaldson, EVP, Gen. Counsel & Corp Sec of EOG Resources, reports multiple transactions involving common stock and stock appreciation rights.
Summary
- Michael P. Donaldson, an executive at EOG Resources, filed a Form 4 detailing several transactions.
- On May 10, 2024, Donaldson exercised stock appreciation rights (SARs) to acquire 4,087 shares at $37.44 and 4,074 shares at $81.81.
- Also on May 10, 2024, Donaldson disposed of 1,175, 2,558, and 597 shares of common stock at prices of $130.298 and $130.32.
- Additionally, on May 10, 2024, Donaldson disposed of 1,146 shares at $130.298 due to tax withholding.
- On May 13, 2024, Donaldson sold 1,766 shares at $130.29 and 919 shares at $130.301.
- Following these transactions, Donaldson directly owns 109,039.582 shares of common stock and indirectly owns 24,000 shares through family trusts.
- Donaldson also holds 4,087 stock appreciation rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as it can provide insights into their confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 09/28/2020 | Date of grant for some Stock Appreciation Rights (SARs) that became fully exercisable on September 28, 2023. |
| 09/27/2021 | Date of grant for some Stock Appreciation Rights (SARs) that become fully exercisable on September 27, 2024. |
| 09/28/2023 | Date when some SARs granted on September 28, 2020 became fully exercisable. |
| 05/10/2024 | Date of multiple transactions including exercising SARs and disposing of common stock. |
| 05/13/2024 | Date of sales of common stock. |
| 09/27/2024 | Date when some SARs granted on September 27, 2021 become fully exercisable. |
| 09/28/2027 | Expiration date for some Stock Appreciation Rights (SARs). |
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