Kodiak Gas (NYSE: KGS) CIO trims stake with 13,942-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kodiak Gas Services, Inc. Chief Information Officer Pedro R. Buhigas reported an open-market sale of 13,942 shares of common stock at a price of $55.73 per share. Following this transaction, he continues to hold 42,723 shares directly, indicating a partial reduction rather than a full exit of his position.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 13,942 shares ($776,988)
Net Sell
1 txn
Insider
Buhigas Pedro R.
Role
Chief Information Officer
Sold
13,942 shs ($777K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,942 | $55.73 | $777K |
Holdings After Transaction:
Common Stock — 42,723 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kodiak Gas Services (KGS) report for Pedro R. Buhigas?
Kodiak Gas Services reported that Chief Information Officer Pedro R. Buhigas executed an open-market sale of 13,942 shares of common stock at $55.73 per share. The transaction was disclosed in a Form 4 insider filing with remaining direct holdings also reported.
Was the Kodiak Gas Services (KGS) insider sale by the CIO an open-market transaction?
Yes. The Form 4 describes the transaction as an open-market sale of common stock at $55.73 per share. The shares were sold in multiple trades at that price, consistent with typical open-market selling activity reported under SEC rules.
Does the Kodiak Gas Services (KGS) filing mention multiple trade executions for the CIO’s sale?
Yes. The footnote explains the sale was executed in multiple trades, all at a price of $55.73 per share. It also states the reporting person will provide detailed trade information to the issuer, SEC staff, or any security holder upon request.
What does the net-sell direction in the Kodiak Gas Services (KGS) Form 4 indicate?
The Form 4 transaction summary shows a net-sell direction of 13,942 shares, reflecting one sale and no reported purchases or option exercises. This means the CIO’s overall directly held position in Kodiak Gas Services decreased by the amount sold in this filing.