4/A: Kodiak Gas Services Executive Amends SEC Filing for Share Withholding and Indirect Ownership

An amended SEC Form 4 filing by Kodiak Gas Services, Inc. Executive Vice President & COO William Chad Lenamon corrects a transaction date and clarifies beneficial ownership details related to tax withholding on restricted shares.

Summary

• The filing is an amendment to the original Form 4, which was filed on July 7, 2025.
• The primary purpose of the amendment is to correct an administrative error regarding the transaction date, changing it from July 7, 2025, to July 3, 2025.
• The amendment also includes details regarding indirect beneficial ownership.
• The reporting person is William Chad Lenamon, Executive Vice President & COO of Kodiak Gas Services, Inc. (KGS).
• On July 3, 2025, the issuer withheld 1,749 shares of Common Stock at a price of $33.81 per share.
• This withholding was done to satisfy tax obligations associated with the vesting of restricted shares.
• Following the reported transaction, William Chad Lenamon directly beneficially owns 56,304 shares of Common Stock.
• Additionally, 1,100 shares of Common Stock are indirectly beneficially owned by his son.

Sentiment

Score: 5

Explanation: This is a neutral administrative filing. It corrects a minor error and reports a routine tax-related transaction, neither positive nor negative in its implications for the company's operations or financial health.

Positives

• The amendment demonstrates transparency and adherence to regulatory requirements by correcting an administrative error and providing complete beneficial ownership information.
• The share withholding transaction is a routine and expected event for executives receiving equity compensation, indicating the vesting of restricted shares rather than a discretionary sale by the insider.

Future Outlook

No forward-looking statements or guidance are provided in this administrative filing.

Industry Context

This filing is an administrative update regarding an executive's share ownership and tax-related share withholding, which is a routine event in public companies across all industries. It does not provide specific insights into broader industry trends or competitive landscape within the gas services sector.

Comparison to Industry Standards

• This Form 4/A is a standard regulatory disclosure of insider ownership changes and tax-related share withholding.
• Such transactions are common across publicly traded companies when restricted stock units vest, aligning with typical executive compensation practices.
• There are no specific financial results or operational metrics to compare against industry benchmarks or specific comparable companies or projects within this filing.

Stakeholder Impact

• Shareholders receive updated, accurate information regarding an executive's beneficial ownership, which is part of standard transparency.
• Employees, customers, suppliers, and creditors are not directly impacted by this type of routine administrative disclosure.

Key Dates

Keywords

Kodiak Gas Services, KGS, SEC Form 4/A, Beneficial Ownership, Insider Trading, Share Withholding, Restricted Stock, Executive Compensation, William Chad Lenamon