Form 4: Kodiak Gas Services CEO Robert McKee Reports Stock Disposal for Tax Obligations
SEC Form 4
Robert Michael McKee, President & CEO of Kodiak Gas Services, Inc., reported disposing of 9,838 shares of common stock on July 3, 2024, to cover tax withholding obligations related to vesting restricted shares.
Summary
- On July 3, 2024, Robert Michael McKee, the President & CEO of Kodiak Gas Services, Inc., disposed of 9,838 shares of common stock.
- The disposal was executed to satisfy tax withholding obligations associated with the vesting of restricted shares.
- The price per share for the disposed shares was $27.9.
- Following the transaction, McKee directly owns 151,331 shares of common stock.
- McKee also indirectly owns 16,180 shares through StarMac Investments, Ltd.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a standard tax-related stock disposal by an executive.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock as part of their compensation. The sale is related to tax obligations, which is a typical occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/03/2024 | Date of stock disposal transaction |
| 07/08/2024 | Date of signature on the report |
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