Kodiak Gas Services, Inc.·4

Mar 10, 9:19 PM ET

Lenamon William Chad 4

4 · Kodiak Gas Services, Inc. · Filed Mar 10, 2026

Research Summary

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Kodiak Gas (KGS) EVP/COO William Lenamon Receives Stock Award

What Happened

  • William Lenamon, Executive Vice President & COO of Kodiak Gas Services (KGS), was awarded equity on 2026-03-08. A performance-based award of 48,000 restricted stock units (RSUs) vested and converted one-for-one into shares (valued at $55.89 each, $2,682,720 total). The company withheld 22,475 shares to satisfy tax withholding obligations (value $1,256,128). Separately, Lenamon received a grant of 10,736 time‑based RSUs (10,736 shares not yet settled) valued at $55.89 each ($600,035); those time-based RSUs vest in three equal installments beginning March 8, 2027.

Key Details

  • Transaction date: 2026-03-08; Price per share used for reporting: $55.89.
  • Awards: 48,000 performance RSUs (vested and settled into shares) and 10,736 time-based RSUs (future vesting).
  • Withholding: 22,475 shares were withheld to cover tax obligations associated with the vesting (reported as code F).
  • Reported values: Performance shares ≈ $2,682,720; time-based grant ≈ $600,035; withheld shares ≈ $1,256,128.
  • Shares owned after transaction: Not disclosed in the filing.
  • Filing timeliness: Reported on 2026-03-10 for a 2026-03-08 transaction—filed within the standard 2‑business‑day Form 4 window.

Context

  • These transactions are awards/settlements of RSUs, not open‑market purchases or sales. The 48,000 performance RSUs vested after certification of performance metrics for the period through 12/31/2025; the 10,736 RSUs are time‑based and will vest in installments starting 3/8/2027. The withholding of shares to cover taxes is a routine, non‑market sale to satisfy payroll/tax obligations and does not necessarily indicate a discretionary sale by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-08
Lenamon William Chad
Executive Vice President & COO
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-08$55.89/sh+10,736$600,03566,393 total
  • Award

    Common Stock

    [F2]
    2026-03-08$55.89/sh+48,000$2,682,720114,393 total
  • Tax Payment

    Common Stock

    [F3]
    2026-03-08$55.89/sh22,475$1,256,12891,918 total
Footnotes (3)
  • [F1]The reported securities are restricted stock units that vest and settle in shares of common stock in three equal installments beginning March 8, 2027.
  • [F2]Represents an award of performance based restricted stock units the payout of which was subject to the achievement of performance metrics related to discretionary cash flow, consolidated net leverage ratio, absolute total shareholder return and an ESG scorecard over the period of June 28, 2023 to December 31, 2025. The Personnel and Compensation Committee certified the shares with a vest date of March 8, 2026. The restricted stock units converted into shares of common stock on a one-for-one basis.
  • [F3]Issuer withheld shares to satisfy the tax withholding obligations associated with the vesting of restricted shares.
Signature
/s/ Jennifer LeGrand Howard, attorney-in-fact|2026-03-10

Documents

1 file
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    ownership.xmlPrimary

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