LYTAL JAMES H 4
Research Summary
AI-generated summary
Archrock Director James H. Lytal Receives 5,313-Share Award
What Happened
James H. Lytal, a director of Archrock, Inc. (AROC), was granted 5,313 restricted shares on January 29, 2026. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 per share and is subject to vesting and forfeiture conditions in the award agreement.
Key Details
- Transaction date: 2026-01-29; Form 4 filed: 2026-02-02 (timely within SEC Form 4 reporting window).
- Transaction type/code: Award/Grant (Code A). Reported purchase price: $0.00 per share.
- Shares granted: 5,313 restricted common shares.
- Shares owned after transaction: Not specified in the provided filing summary.
- Vesting: 25% vested on the grant date and 25% on each of June 1, September 1 and December 1, 2026 (per footnote). Award may be forfeited or accelerated under certain events.
- Filing included Exhibit 24 (Power of Attorney).
Context
This was a compensation-related restricted stock grant, not an open-market purchase or sale. Restricted shares typically vest over time and may be forfeited if vesting conditions aren’t met, so this award does not indicate an immediate buy/sell market action by the director. Such grants are routine components of executive/director compensation.