Archrock, Inc.
No SEC Form 4 filings for $AROC in the last 30 days.
Archrock's CFO Doug S. Aron sold 35,000 shares of the company's common stock in an open-market transaction at an average price of $38.30 per share. Following this sale, Aron still retains a substantial direct ownership of 359,337 shares. The transaction, classified as a negative sentiment filing, highlights an insider sale while indicating a much larger retained stake.
Archrock's CFO, Doug Aron, sold 35,000 shares of company stock for $1,340,500, with shares trading at an average price of $38.30. This transaction follows the company's recent first-quarter results where adjusted EPS and revenue fell short of analyst expectations, despite a 12% increase in adjusted EBITDA. The stock is currently near its 52-week high and has returned 52% over the past year.
Archrock reported strong Q1 2026 results with revenue of $373.8 million and Adjusted EBITDA of $221.0 million, driven by full fleet utilization and higher contract operations margins. The company increased its quarterly dividend to $0.22 per share and returned $44.3 million to stockholders through dividends and buybacks. Despite a 5.93% stock decline post-announcement, Archrock reaffirmed its full-year 2026 Adjusted EBITDA guidance of $865M–$915M, indicating continued operational strength and effective capital allocation.
