4Filed Sep 16, 8:00 PM ET
EOG CEO Yacob Ezra Withholds 11,908 Shares for Taxes
$EOG · EOG RESOURCES INCResearch Summary
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EOG CEO Yacob Ezra Withholds 11,908 Shares for Taxes
What Happened
- Yacob Ezra Y, Chairman & CEO (and director) of EOG Resources, had 11,908 shares disposed to satisfy tax withholding related to the vesting of 30,261 restricted shares on September 15, 2026. The withheld shares were recorded at $153.74 per share for a total of $1,830,736.
- This disposition (code F) reflects tax withholding on vested restricted stock — not an open-market sale. Based on the vesting amount, the net shares delivered to him would be 30,261 vested − 11,908 withheld = 18,353 shares (inferred from the footnote).
Key Details
- Transaction date: 2026-09-15
- Disposition: 11,908 shares withheld at $153.74 per share; total value reported $1,830,736
- Related vesting: 30,261 restricted shares vested on Sep 15, 2026 (footnote F1)
- Shares owned after transaction: not specified in the provided filing excerpt
- Filing: Form 4 filed 2026-09-17 (two days after the transaction), which appears timely under the standard 2-business-day rule
- Transaction code: F (tax withholding/ payment of tax liability)
Context
- Code F transactions are routine when restricted stock units (RSUs) vest and the company withholds shares to cover tax obligations (often called a “sell-to-cover” or share withholding). These withholdings are administrative and do not necessarily indicate insider sentiment about the stock.
- For retail investors, purchases by insiders tend to be more informative than routine withholding disposals; this filing documents compensation tax mechanics rather than an active decision to sell shares on the market.