Form 4: Kodiak Gas Services Chief Accounting Officer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ewan William Hamilton, Chief Accounting Officer of Kodiak Gas Services, disposed of 1,370 shares of common stock on July 3, 2024, to cover tax withholding obligations related to vesting restricted shares.
Summary
- On July 3, 2024, Ewan William Hamilton, the Chief Accounting Officer of Kodiak Gas Services, Inc. (KGS), reported a transaction involving the disposal of company stock.
- The transaction involved the disposal of 1,370 shares of common stock at a price of $27.9 per share.
- These shares were withheld by the issuer to satisfy tax withholding obligations associated with the vesting of restricted shares.
- Following the transaction, Hamilton directly owns 34,745 shares of Kodiak Gas Services, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider stock activity.
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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