Thode Eric W 4
Research Summary
AI-generated summary
Archrock (AROC) SVP Eric Thode Receives 23,997-Share Award
What Happened
- Eric W. Thode, Senior Vice President of Archrock, Inc. (AROC), received a grant of 23,997 restricted shares on January 29, 2026. The shares were issued at $0.00 (award/grant), so no cash was paid. This was a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date reported: 2026-01-29; Form filed: 2026-02-02 (Accession 0001756643-26-000002).
- Transaction type/code: Award/Grant (A); shares granted: 23,997; price per share: $0.00 (grant value shown as $0 in the filing).
- Shares owned after transaction: not specified in the provided filing data.
- Footnote: Award is restricted stock under the Archrock, Inc. 2020 Stock Incentive Plan; vests one-third per year over three years beginning on or about the first anniversary. Award is subject to accelerated vesting or forfeiture under a Change of Control Agreement, Severance Benefit Agreement, and Award Notice/Agreement.
Context
- Restricted stock awards are compensation and generally vest over time, so they are not immediately liquid — this is different from an open-market purchase (which can signal direct insider confidence) or an immediate sale. The filing does not indicate a sale or exercise; it documents a standard time‑based equity grant subject to vesting and potential forfeiture/acceleration provisions.