Aron Doug S 4
Research Summary
AI-generated summary
Archrock (AROC) CFO Doug Aron Withholds 35,507 Shares for Taxes
What Happened
- Doug S. Aron, Senior Vice President and Chief Financial Officer of Archrock, Inc. (AROC), had 35,507 shares withheld/disposed to satisfy tax withholding tied to the acquisition/vesting of shares. The shares were valued at $27.85 each for a total of $988,870. This transaction is a tax-withholding/net-share settlement (disposition code F), not an open-market sale for investment reasons.
Key Details
- Transaction date: 2026-02-19
- Price per share: $27.85; Shares withheld/disposed: 35,507; Gross value ≈ $988,870
- Shares owned after transaction: Not reported on this Form 4
- Footnote: F1 — Issuer withheld the maximum allowable shares to satisfy the tax withholding obligation associated with the acquisition and vesting of shares acquired.
- Filing date: 2026-02-23 (filed 4 calendar days after the transaction). This appears to be within the SEC’s two-business-day Form 4 deadline if no intervening market holidays; the filing is not marked late.
Context
- This was a tax-withholding (net-share settlement) related to vested/issued shares — a routine administrative transaction. Such withholdings are common and don’t necessarily signal insider sentiment about the company’s prospects.