Form 4: Kodiak Gas Services Director Christopher Drumgoole Reports Stock Transactions
SEC Form 4 Filing
Director Christopher Drumgoole reported the acquisition and disposal of Kodiak Gas Services, Inc. common stock on May 1, 2024.
Summary
- On May 1, 2024, Christopher Drumgoole, a director of Kodiak Gas Services, Inc., filed a Form 4 to report changes in beneficial ownership.
- The report indicates that Mr. Drumgoole acquired 5,519 shares of common stock at a price of $0.
- He also disposed of 15,894 shares of common stock.
- Following these transactions, Mr. Drumgoole beneficially owns 15,894 shares.
- The acquired securities are restricted stock units that will vest and settle in shares of common stock the earlier of May 1, 2025 and the next annual meeting of stockholders following the date of grant.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.
Stakeholder Impact
- Shareholders can use this information to assess the director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction and filing of Form 4. |
| 05/01/2025 | Earliest vesting date for restricted stock units. |
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