Holotik Jim 4
Research Summary
AI-generated summary
USA Compression (USAC) Director Jim Holotik Receives Phantom Unit Award
What Happened
- Jim Holotik, a director of USA Compression GP, LLC (the general partner of USA Compression Partners, LP — ticker USAC), received a grant of 2,500 phantom units on April 28, 2026. The units were awarded at $0.00 (no cash paid) and represent the right to receive one common unit per phantom unit after vesting. This is an equity award/compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-04-28 — Award/Grant (Code A)
- Quantity and price: 2,500 phantom units granted at $0.00
- Vesting: 60% vest on December 5, 2028; remaining 40% vest on December 5, 2030 (per footnote)
- Shares owned after transaction: not specified in the filing
- Filing timeliness: Form 4 filed 2026-04-30 for a 2026-04-28 grant (filed within the typical 2-business-day window)
- Reporting relationship: Holotik is a director of the General Partner; the Issuer is managed by the General Partner’s directors and executive officers
Context
- Phantom units are a form of deferred equity/compensation: they do not transfer actual common units until they vest and are payable in common units (one unit per phantom unit) per the filing. Because this is a compensation grant, it reflects pay/retention practices rather than an immediate market investment or sale.