Lenamon William Chad 4
Research Summary
AI-generated summary
Kodiak Gas (KGS) COO William Lenamon Sells 1,000 Shares
What Happened
Lenamon William Chad, Executive Vice President & Chief Operating Officer of Kodiak Gas Services, sold 1,000 shares of the company's common stock in an open-market transaction on 2026-06-11 at $67.79 per share, generating $67,790 in proceeds. This disposition was reported on a Form 4 filed the same day.
Key Details
- Transaction date and price: 2026-06-11, 1,000 shares at $67.79 each (total $67,790).
- Transaction type: Sale (Code S), open-market or private sale as reported.
- Plan/authorization: Transaction executed pursuant to a 10b5-1 trading plan adopted March 13, 2026 (Footnote F1).
- Holdings: The filing notes a correction (Footnote F2) that prior Form 4s (Jan 7 and Mar 10, 2026) inadvertently omitted indirect holdings; consult this Form 4’s Table I for the corrected holdings. The excerpt provided does not list post-transaction share totals.
- Timeliness: Reported and filed on 2026-06-11 (no late filing indicated).
Context
The sale was made under a prearranged 10b5-1 plan, which typically schedules trades in advance and is often used to avoid trading based on nonpublic information. This is a routine insider sale; it’s factual disclosure rather than an explicit signal about the company’s outlook.