TRINGALI DONALD J 4
Research Summary
AI-generated summary
Natural Gas Services Group (NGS) Director Donald Tringali Receives Award
What Happened
- Donald J. Tringali, a director of Natural Gas Services Group, acquired 40 shares of NGS common stock on March 4, 2026. The shares were recorded at $37.52 each, for a total value of $1,501.
- The acquisition is reported as an award/other acquisition (code A) and reflects shares obtained through a reinvestment mechanism rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-04; reported filing date: 2026-03-06 (Form 4 accession 0001199696-26-000001).
- Price per share: $37.52; shares acquired: 40; total value: $1,501.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — shares acquired through reinvestment of cash dividends pursuant to the terms of the deferred compensation plan. F2 — clarifies restricted stock unit equivalence (each RSU represents the right to receive one share); marked "Not applicable" for this transaction.
- Filing timeliness: Filed within two business days of the transaction (appears timely).
Context
- These shares were obtained via dividend reinvestment under a deferred compensation plan (routine plan-based transaction), not an open-market buy. Such plan-based acquisitions are common and reflect company compensation/deferral mechanics rather than an immediate independent market investment decision.