NCS Multistage (NCSM) Director John D. Deane Disposes Shares

What Happened
John D. Deane, a director of NCS Multistage Holdings, Inc. (NCSM), had a total of 43,502 shares of NCSM common stock disposed to the issuer on September 1, 2026 (32,771 and 10,731 shares in two dispositions). No per-share price is listed in the Form 4 because the shares were canceled and converted under the company’s merger agreement rather than sold on the open market.

Key Details

• Transaction date: September 1, 2026. Transaction type: disposition to issuer (code D).
• Shares disposed: 32,771 and 10,731 (total 43,502). Reported price: N/A (conversion/cancellation).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Under the Merger Agreement dated May 31, 2026, each NCSM share was canceled and converted into the right to receive, at the holder’s election: (i) 0.5537 ordinary shares of Weatherford International plc (Parent), or (ii) 0.2392 Parent ordinary shares plus cash equal to 0.1371 × the Parent closing price on Nasdaq on Aug 31, 2026 (subject to a cap).
• Filing timeliness: filing date equals report date (no indication here that the Form 4 was late).

Context
This was not an open-market sale by the director but a corporate conversion as part of the merger with Weatherford International plc; the reporting person’s economic consideration depends on their election under the merger terms (stock-for-stock or stock-plus-cash). Such merger-driven dispositions are routine corporate actions and do not, by themselves, indicate the insider’s market view.