Form 4: VAALCO Energy CFO Ronald Bain Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ronald Bain, CFO of VAALCO Energy, reports a transaction involving the disposal of common stock to satisfy tax withholding obligations.
Summary
- On March 11, 2025, Ronald Bain, the Chief Financial Officer of VAALCO Energy Inc., reported a transaction.
- The transaction involved the disposal of 3,427 shares of common stock at a price of $3.91.
- These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
- Following the transaction, Bain directly owns 100,959 shares of VAALCO Energy Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of withholding shares to cover tax obligations upon vesting of restricted stock, which is common across publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction involving the disposal of common stock. |
| 03/13/2025 | Date of signature for the report. |
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