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Equitrans Midstream (ETRN) chair Karam gifted 541,000 shares

ByQuantisnow·Wall Street's wire, on your screen.
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Insider transactions reported

Thomas F Karam (Executive Chairman at Equitrans Midstream Corporation, ETRN) reported that they gifted 541,000 shares on May 24, 2024. After these transactions the filing shows 0 shares held indirectly (By E.T. Associates, L.P.).

Reporting person
Karam Thomas F
Role
Executive Chairman
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
May 24, 2024Gift (G)Common Stock1-541,000--0 indirect

Holdings before and after

  • Common Stock: 541,000 to 0 indirect, By E.T. Associates, L.P.

Other positions listed

  • Common Stock: 826,478 direct
  • Common Stock: 25,000 indirect, By Lakeside Drive Associates, Inc.
  • Common Stock: 20,000 indirect, By Mae Rose Partners, LP

Footnotes from the filing

  1. 1. The Reporting Person transferred his interests in E.T. Associates, L.P. (which entity holds 541,000 shares of common stock previously reported as being held indirectly by the Reporting Person) to his adult children by bona fide gift for estate planning purposes, for which no consideration was received by the Reporting Person.

Transaction codes in this filing

Gift:
Code G marks a bona fide gift. No money changes hands.

FAQ

What did Karam report in this ETRN Form 4?

Thomas F Karam (Executive Chairman at Equitrans Midstream Corporation, ETRN) reported that they gifted 541,000 shares on May 24, 2024. After these transactions the filing shows 0 shares held indirectly (By E.T. Associates, L.P.).

How many ETRN shares does Karam hold after this filing?

The filing shows 0 shares held indirectly (By E.T. Associates, L.P.) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code G mean on an SEC Form 4?

Code G marks a bona fide gift. No money changes hands.

Historical context for ETRN

Earlier insider filings at ETRN

Quantisnow market dataNYSE
Equitrans Midstream Corporation logo
ETRN
Equitrans Midstream Corporation
Market cap
30-day
Sector
Utilities
Industry
Natural Gas Distribution
Listed since
2018
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