Donaldson Michael P 4
Research Summary
AI-generated summary
EOG Resources EVP Michael P. Donaldson Sells 5,088 Shares
What Happened
Michael P. Donaldson, EVP & Chief Legal Officer of EOG Resources (EOG), had 5,088 shares disposed on February 27, 2026 at $124.08 per share, totaling $631,319. The Form 4 reports this as a code F transaction — payment of exercise price or tax liability — tied to the vesting of performance units rather than an open-market sale.
Key Details
- Transaction date: 2026-02-27; price: $124.08; shares disposed: 5,088; total value: $631,319.
- Transaction code: F (payment of exercise price or tax liability / tax withholding).
- Footnote: F1 — relates to the vesting of 15,933 performance units on February 27, 2026.
- Filing date: March 3, 2026 (no late filing indicated in the report).
- Shares owned after the transaction: not specified in the provided filing.
Context
Code F typically indicates shares were surrendered or sold to cover taxes upon vesting of equity awards (a routine, administrative action). This is not the same as a discretionary open-market sale and should be viewed as fulfilling tax obligations tied to compensation rather than a directional bet on the stock.