James Todd 4
Research Summary
AI-generated summary
EQT Chief Accounting Officer James Todd Sells Shares for Taxes
What Happened
James Todd, Chief Accounting Officer of EQT Corp (EQT), had a total of 2,198 shares (1,210 + 988) withheld at $58.70 per share to satisfy tax liabilities tied to vested restricted stock units (RSUs). The two withholdings total approximately $129,023 ($71,027 + $57,996). These were tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction dates and prices: 2026-02-13 — 1,210 shares @ $58.70 ($71,027) and 988 shares @ $58.70 ($57,996).
- Combined shares withheld: 2,198; combined value: ≈ $129,023.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 and F3 indicate these were tax withholdings tied to RSU vestings (grants dated Feb 13, 2023 and Feb 13, 2025). F2 notes inclusion of accrued dividends. The filing states there was no open-market transaction for these shares.
- Filing timeliness: Form 4 filed 2026-02-18 for transactions dated 2026-02-13; this appears to be after the SEC’s usual two-business-day filing window and may be a late filing (a reporting/administrative issue rather than a trading signal).
Context
Code F transactions are routine tax withholdings when RSUs vest — the company retains or cancels shares to pay withholding obligations. These actions do not indicate that the insider sold shares on the market and are generally administrative rather than a signal about the insider’s view of the stock.