EOG RESOURCES INC·4

Feb 12, 7:42 PM ET

Yacob Ezra Y 4

Research Summary

AI-generated summary

Updated

EOG CEO Yacob Ezra Receives 47,800-Share Award

What Happened

  • Yacob Ezra Y, Chairman & CEO and a director of EOG Resources (EOG), was reported on Form 4 as having acquired 47,800 Performance Units (transaction code A) on 2026-02-10. The Form 4 records the acquisition at $0.00 (typical for long‑term incentive awards); the units will convert to common shares when they cliff-vest on 2026-02-28 and the shares will be distributed thereafter.

Key Details

  • Transaction date reported: 2026-02-10; Form 4 filed: 2026-02-12 (appears timely).
  • Reported price: $0.00 (award/grant).
  • Amount: 47,800 Performance Units (will represent 47,800 common shares upon vesting/distribution).
  • Footnote: These are the 2022 Award (granted 9/29/2022) tied to 3-year total shareholder return (TSR) vs. 9 peers (performance period Jan 2023–Dec 2025). The award’s performance multiple was certified at 100% by the Compensation & Human Resources Committee on 2/10/2026, so the full 47,800 units will vest.
  • Shares owned after the transaction: not specified in the provided filing.

Context

  • Performance Units are conditional equity awards that convert to shares only if performance and vesting conditions are met; here the TSR‑based metric was certified at 100%, triggering the scheduled cliff vest on 2/28/2026. This is a compensation award (not an open‑market purchase or sale) and does not by itself indicate buying or selling pressure. Any tax withholding or net‑share settlement at vesting would be reported separately when the shares are distributed.