Form 4: USA Compression Partners Executive Sells $630,000 in Common Units
SEC Form 4 Filing
Sean T. Kimble, Vice President of Human Resources at USA Compression GP, LLC, sold 22,918 common units of USA Compression Partners, LP at an average price of $27.54 on March 13, 2024.
Summary
- On March 13, 2024, Sean T. Kimble, Vice President, Human Resources of USA Compression GP, LLC, the general partner of USA Compression Partners, LP, sold 22,918 common units of the company.
- The sale was executed at a weighted average price of $27.54, with individual prices ranging from $27.36 to $27.72.
- Following the transaction, Kimble still beneficially owns 50,000 common units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.
Industry Context
Executive stock sales are a common occurrence and can be for a variety of reasons, including personal financial planning. It's important to consider the context of the sale, such as the overall trading volume and any other insider activity.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Sean T. Kimble sold common units. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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