Form 4: VAALCO Energy CEO George Maxwell Reports Stock Transaction
SEC Form 4
VAALCO Energy CEO George Maxwell reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On March 11, 2024, George W.M. Maxwell, CEO of VAALCO Energy Inc., disposed of 7,154 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $4.41 per share.
- Following the transaction, Maxwell directly owns 240,135 shares of VAALCO Energy Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard insider transaction for tax purposes.
Industry Context
This is a routine disclosure of an insider transaction, common for executives receiving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transaction |
| 03/13/2024 | Date of signature on the Form 4 filing |
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