NATURAL GAS SERVICES GROUP INC·4

Jun 11, 10:27 AM ET

TRINGALI DONALD J 4

Research Summary

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NGS Director Donald Tringali Receives RSU Award

What Happened

  • Donald J. Tringali, a director of Natural Gas Services Group, was granted 4,574 restricted stock units (RSUs) on 2026-06-10. The award is recorded at $0.00 per unit (no cash paid at grant) and is a derivative award representing the right to receive common shares upon vesting.

Key Details

  • Transaction date: 2026-06-10; Form 4 filed: 2026-06-11 (timely filing).
  • Grant: 4,574 RSUs; grant price reported as $0.00; immediate cash value at grant: $0.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: Each RSU converts to one share upon vesting (F1). The award was made under the Company's 2019 Equity Incentive Plan and vests on the first anniversary of the grant date, with potential accelerated vesting in certain circumstances (F2).

Context

  • This is an equity compensation award, not an open-market purchase or sale. RSUs typically do not transfer voting rights or dividends until they vest and are settled in shares. The grant signals standard director compensation rather than an immediate market trade.