James Todd 4
Research Summary
AI-generated summary
EQT Chief Accounting Officer James Todd Receives 19,417 Shares
What Happened
- James Todd, Chief Accounting Officer of EQT Corporation, had performance share awards vest and be paid out in common stock on March 9, 2026. He was issued 19,417 shares (acquired at $0.00 per share as an award).
- To satisfy the tax liability from the payout, 8,445 shares were withheld/ceased (treated as disposed) at an implied value of $62.23 per share, totaling $525,532. There was no open-market sale of shares.
Key Details
- Transaction date: March 9, 2026. Filing date: March 11, 2026 (filed within the standard two-business-day window).
- Award: 19,417 shares issued (code A) at $0.00 acquisition price.
- Tax withholding: 8,445 shares withheld (code F) at $62.23 each, total $525,532.
- Footnotes: F1 — awards vested under the 2023 Incentive Performance Share Unit Program; F2 — amounts include accrued dividends; F3 — company withheld shares to cover tax liability and there was no market transaction.
- Shares owned after transaction: not specified in the filing.
Context
- This was a vested performance award payout, not an open-market purchase or sale by the insider; withholding to cover taxes is a routine administrative action (not an indication of a market sale).
- For retail investors: award vesting increases insider-held shares but withholding reduces the net new shares received; such filings are common following scheduled vesting events.