Ingersoll Jason 4
Research Summary
AI-generated summary
Archrock (AROC) SVP Jason Ingersoll Sells 33,000 Shares
What Happened
Jason Ingersoll, Senior Vice President of Archrock, sold 33,000 shares of Archrock common stock in an open-market transaction on May 18, 2026. The reported average execution price was $38.19 per share, for total proceeds of approximately $1,260,270. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date: 2026-05-18 (reported on Form 4 filed 2026-05-19) — filing appears timely.
- Transaction type/code: Sale (S), open-market or private sale.
- Shares sold: 33,000; Reported average price: $38.19; Reported total proceeds: $1,260,270.
- Price range (footnote): Executed in multiple trades at prices from $38.05 to $38.43; the $38.19 figure is the average execution price. The reporting person will provide trade-by-trade details upon request.
- Shares owned after transaction: Not specified in the information provided.
- No 10b5-1 plan, gift, tax-withholding, or option exercise noted in the supplied filing details.
Context
- Sales by insiders are common and can reflect many non-market motivations (diversification, tax planning, liquidity needs). A sale is not by itself a definitive signal of company prospects.
- For retail investors, purchases typically carry more informational weight than routine sales; this filing documents a routine open-market sale by an executive.