Form 4: Chesapeake Energy Corp VP-Accounting & Controller, Gregory M. Larson, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gregory M. Larson, VP-Accounting & Controller at Chesapeake Energy Corp, reports transactions involving common stock and performance share units on May 28, 2024.
Summary
- On May 28, 2024, Gregory M. Larson, VP-Accounting & Controller at Chesapeake Energy Corp, reported changes in beneficial ownership.
- Larson disposed of 5,660 shares of common stock upon the vesting of performance share units.
- 1,649 shares were forfeited to satisfy tax withholding obligations related to the vesting of performance share units at a price of $90.49.
- An additional 18 shares were forfeited to satisfy tax withholding obligations related to the partial vesting of a previously disclosed restricted stock award at a price of $90.49.
- Following these transactions, Larson directly owns 8,848 shares of Chesapeake Energy Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction involving common stock and performance share units. |
| 05/30/2024 | Date of signature for the report. |
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