Form 4: VAALCO Energy COO Thor Pruckl Reports Stock Transaction
SEC Form 4 Filing
Chief Operating Officer of VAALCO Energy, Thor Pruckl, reports disposition of shares to cover tax obligations.
Summary
- On March 4, 2024, Thor Pruckl, the Chief Operating Officer of VAALCO Energy Inc., reported a transaction involving the company's common stock.
- A total of 2,754 shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock.
- The price per share for the transaction was $4.29.
- Following the transaction, Pruckl directly owns 122,283 shares of VAALCO Energy Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine filing related to insider transactions. It is common for company executives to sell shares to cover tax obligations when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2023 | Date of stock transaction |
| 03/04/2024 | Date of stock transaction |
| 03/06/2024 | Date of signature |
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