AROC Archrock, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q1 2026: $0M, Q3 2025: $12M, Q2 2025: $0M, Q1 2024: $1M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $4M (-95%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-426M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 2,576,723 shares = 1.5% of 175,261,596 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

3 open-market purchases by 1 insiders

• Rebrook Jason C () bought 5,000 shares at $23.94 on 2025-09-22
• Rebrook Jason C () bought 10,000 shares at $24.16 on 2025-09-19
• Rebrook Jason C () bought 10,000 shares at $24.17 on 2025-09-18

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 3 quarters and 3 insider purchases by 1 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $6M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 14.3x more than bought. 4 C-suite officers among sellers

• Aron Doug S (SR VICE PRESIDENT, CFO) sold 71,500 shares on 2026-03-27
• Aron Doug S (SR VICE PRESIDENT, CFO) sold 98,050 shares on 2026-03-30
• Henderson Donna A (VP, CHIEF ACCOUNTING OFFICER) sold 10,413 shares on 2026-03-04
• Thode Eric W (SENIOR VICE PRESIDENT) sold 40,740 shares on 2025-11-10
• Thode Eric W (SENIOR VICE PRESIDENT) sold 10,000 shares on 2025-08-12
• Ingersoll Jason (SENIOR VICE PRESIDENT) sold 42,036 shares on 2025-05-09