Buhigas Pedro R. 4
Research Summary
AI-generated summary
Kodiak Gas (KGS) CIO Pedro Buhigas Withholds 2,378 Shares for Taxes
What Happened
- Pedro R. Buhigas, Chief Information Officer of Kodiak Gas Services (KGS), had 2,378 shares withheld on 2026-07-06 to satisfy tax withholding obligations tied to the vesting of restricted shares. The shares were valued at $66.23 each, totaling roughly $157,495.
- This was a tax-withholding disposition (not an open-market sale) commonly used to cover withholding obligations when restricted stock vests.
Key Details
- Transaction date: 2026-07-06; filing date: 2026-07-07 (timely).
- Price reported: $66.23 per share; total value withheld: ~$157,495.
- Shares disposed/withheld: 2,378 (transaction code F — tax withholding).
- Footnote: Issuer withheld shares to satisfy tax withholding obligations associated with vesting of restricted shares (F1).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
Context
- This was a cashless/withholding action to cover taxes on vested restricted stock, not an active sale or purchase in the market — therefore it generally does not signal insider sentiment about the stock.
- Such withholdings are routine for executives receiving restricted shares and are administrative in nature.