Form 4: Kodiak Gas Services CFO Disposes Shares for Tax Obligations
Insider Transaction Report
Kodiak Gas Services' Executive VP & CFO, John Griggs, disposed of 3,772 shares of common stock on July 3, 2025, to cover tax withholding obligations related to restricted share vesting.
Summary
- John Griggs, Executive VP & CFO and Director of Kodiak Gas Services, Inc. (KGS), reported a transaction on July 3, 2025.
- The transaction involved the disposition of 3,772 shares of Kodiak Gas Services Common Stock.
- The shares were disposed of at a price of $33.81 per share.
- This disposition was identified as a 'F' transaction code, indicating shares were withheld by the issuer to satisfy tax withholding obligations associated with the vesting of restricted shares.
- Following this transaction, John Griggs beneficially owns 68,595 shares of Kodiak Gas Services Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax withholding purposes related to executive compensation, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction report (Form 4) and does not provide broader industry context or trends. It specifically details an executive's share activity related to compensation.
Stakeholder Impact
- Shareholders: A minor, routine disposition of shares that is unlikely to have a significant impact on share price or ownership structure, as it is a standard practice for executive compensation and tax compliance.
Key Dates
| Date | Description |
|---|---|
| 07/03/2025 | Date of transaction where shares were disposed for tax withholding. |
| 07/07/2025 | Date the Form 4 was signed by the attorney-in-fact for the reporting person. |
Keywords
Kodiak Gas Services, KGS, Form 4, insider transaction, share disposition, tax withholding, executive compensation, John Griggs
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