Patterson Kyra has reported a recent transaction involving common stock as part of its executive compensation strategy. This transaction, which occurred on October 1, 2026, is significant as it reflects the company’s approach to aligning employee interests with shareholder value.
Background
Patterson Kyra is a company that operates in the natural gas distribution sector. The company has a Central Index Key (CIK) of 0002085542. It has filed various forms with the SEC, including recent filings on October 2, 2026, and October 2, 2025, both of which were Form 4 submissions.
What the Filing Says
According to the SEC filing (accession number 0001733998-26-000147), Patterson Kyra acquired 244 shares of common stock at a price of $46.67 per share. The filing notes, “Shares were withheld by Issuer to cover withholding taxes on issuance of shares due to vesting of time-based restricted stock units on October 1, 2026.” Following this transaction, the total shares owned by Patterson Kyra increased to 2,219, which includes 1,642 time-based restricted stock units granted under the Issuer's Long Term Incentive Plan.
Impact
This transaction may affect Patterson Kyra's executive team, particularly as it relates to the compensation of its officers. The filing indicates that Patterson Kyra's Vice President and Chief People Officer is involved in this transaction, highlighting the importance of stock options in retaining key talent within the company.
What's Next
The filing does not say what happens next.