EQT.NYSEEqt CORP

Form 4: EQT Corp Executive James Todd Reports Stock Disposal for Tax Withholding

Sentiment:

SEC Form 4 Filing


Chief Accounting Officer of EQT Corp, James Todd, reports the disposal of 1,316 shares of common stock to cover tax obligations related to vesting of restricted stock units.

Summary

  • On February 4, 2025, James Todd, Chief Accounting Officer of EQT Corp, disposed of 1,316 shares of EQT common stock.
  • The transaction was executed to cover tax withholding obligations related to the vesting of a portion of a Restricted Stock Unit (RSU) award previously granted on February 4, 2022.
  • The shares were disposed of at a price of $52.15 per share.
  • Following the transaction, James Todd beneficially owns 63,689 shares of EQT Corp common stock, including accrued dividends.

Sentiment

Score: 7

Explanation: Neutral sentiment as it reflects a standard transaction for tax purposes. It doesn't indicate positive or negative performance of the company.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies. It doesn't necessarily reflect a change in the executive's confidence in the company.

Comparison to Industry Standards

  • Tax withholding practices related to RSU vesting are standard across publicly traded companies.
  • The amount of shares disposed of for tax purposes is proportional to the value of the vested RSUs and the applicable tax rates, which are generally consistent across similar companies.

Stakeholder Impact

  • The transaction has minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/04/2022Date of original Restricted Stock Unit award grant.
02/04/2025Date of stock disposal for tax withholding.
02/06/2025Date of signature on the Form 4 filing.

Keywords

Form 4, EQT Corp, James Todd, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership

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