Lenamon William Chad 4

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.