Equitrans Midstream (ETRN) CFO Oliver received 50,740 shares
Insider transactions reported
Kirk R Oliver (EVP & CFO at Equitrans Midstream Corporation, ETRN) reported that they received 50,740 shares, and gave up 12,356 shares at $13.21 to cover taxes or an exercise price on Jun 27, 2024. After these transactions the filing shows 298,245 shares held directly.
- Reporting person
- Oliver Kirk R
- Role
- EVP & CFO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Grant or award (A) | Common Stock1 | +50,740 | - | - | 310,601 direct |
| Jun 27, 2024 | Shares withheld for taxes or exercise price (F) | Common Stock2 | -12,356 | $13.21 | $163K | 298,245 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Grant or award (A) | Deferred Stock UnitsOn 50,740 Common Stock3, 4 | +50,740 | - | - | 50,740 direct |
Holdings before and after
- Common Stock: 259,861 to 298,245 direct
- Deferred Stock Units: 0 to 50,740 direct
Other positions listed
- Common Stock: 39,118 indirect, By KIRK RICHARD OLIVER & MARY C OLIVER TRS FBO OLIVER FAMILY TRUST
Footnotes from the filing
- 1. On June 27, 2024, tranche 1 of the performance awards under the Company's 2021 MVP Performance Share Unit Award Program (2021 MVP Program) vested and were paid in Company common stock.
- 2. The Company, consistent with its practice, withheld shares to satisfy the tax liability associated with the vesting of the awards under the 2021 MVP Program.
- 3. Each deferred stock unit is the economic equivalent of one share of common stock.
- 4. Deferred stock units representing tranches 2 and 3 of performance awards under the 2021 MVP Program will vest and be paid out in the form of common stock in two equal installments on June 11, 2025 and June 11, 2026, respectively.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Oliver report in this ETRN Form 4?
Kirk R Oliver (EVP & CFO at Equitrans Midstream Corporation, ETRN) reported that they received 50,740 shares, and gave up 12,356 shares at $13.21 to cover taxes or an exercise price on Jun 27, 2024. After these transactions the filing shows 298,245 shares held directly.
How many ETRN shares does Oliver hold after this filing?
The filing shows 298,245 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for ETRN
Earlier insider filings at ETRN
- Jul 1, 2024President & CEO Charletta Diana M was granted 71,585 shares and covered exercise/tax liability with 21,412 shares, increasing direct ownership by 10% to 553,781 units (SEC Form 4)
- May 24, 2024Karam Thomas F gifted 541,000 shares (SEC Form 4)
- May 8, 2024SEC Form 4 filed by Bailey Vicky A
- May 8, 2024SEC Form 4 filed by Barpoulis Sarah Morrison
- May 8, 2024SEC Form 4 filed by Burke Kenneth Michael
- Market cap
- 30-day
- Sector
- Utilities
- Industry
- Natural Gas Distribution
- Listed since
- 2018
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