Insider Waves Goodbye to Nearly 6,000 Shares of Energy Stock
Insider sale executed under a pre-established Rule 10b5-1 trading plan, with McKee retaining over 308,000 total shares worth $18.39 million.
Overview
Robert Michael McKee, President & CEO of Kodiak Gas Services, Inc. (NYSE:KGS), sold 5,999 shares of common stock on Sept. 1, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($59.31); post-transaction value based on Sept. 1, 2026, market close ($59.55).
Details
Kodiak Gas Services is a specialized provider of compression infrastructure serving the North American oil and gas industry, with a market capitalization of $5.9 billion and TTM revenues of $1.4 billion. The company has demonstrated strong operational performance with net income of $80.4 million TTM, reflecting the essential nature of compression services in hydrocarbon production and transportation. As a focused infrastructure provider, Kodiak maintains a competitive position through its fleet of compression equipment and long-term customer relationships in a sector with significant barriers to entry.
Source
Originally published at www.fool.com.