Leitzell Jeffrey R. 4
Research Summary
AI-generated summary
EOG Resources EVP Jeffrey Leitzell Sells 2,161 Shares
What Happened
- Jeffrey R. Leitzell, EVP & COO of EOG Resources (EOG), had 2,161 shares disposed on Feb 27, 2026 to satisfy tax withholding related to the vesting of performance units. The shares were valued at $124.08 each for a total of $268,137.
Key Details
- Transaction date and price: Feb 27, 2026 — 2,161 shares at $124.08 per share; total $268,137.
- Reason: Tax withholding (transaction code F) related to the vesting of 8,497 performance units on Feb 27, 2026 (footnote F1).
- Withholding rate: 2,161 shares represent ~25.4% of the 8,497 vested units.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 filed Mar 3, 2026 — appears timely (filed within the required period).
Context
- This was not an open-market sale for cash; it was a routine tax withholding (cashless disposition) tied to equity compensation vesting. Such withholdings are common and generally reflect tax obligations rather than a proactive sell signal.