Form 4: Kodiak Gas Services Executive Vice President Sells Shares to Cover Tax Obligations

Kelly Michelle Battle, Executive Vice President and CLO of Kodiak Gas Services, sold 1,217 shares of common stock to cover tax obligations related to vesting restricted shares.

Summary

• Kelly Michelle Battle, an Executive Vice President and CLO at Kodiak Gas Services, sold 1,217 shares of common stock on January 5, 2025.
• The sale was executed at a price of $43.57 per share.
• This transaction was to cover tax withholding obligations associated with the vesting of restricted shares.
• Following the transaction, Ms. Battle directly owns 39,796 shares of Kodiak Gas Services common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, which is common in publicly traded companies.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice across publicly listed companies.
• Similar transactions are regularly reported by executives at companies like Kinder Morgan, Williams Companies, and Energy Transfer, which are also in the energy infrastructure sector.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Kodiak Gas Services, insider trading, stock sale, executive compensation, tax obligations, restricted shares, Form 4