HOLLEY JEAN K 4
Research Summary
AI-generated summary
NGS Director Jean Holley Receives 4,456 RSU Shares
What Happened
- Jean K. Holley, a director of Natural Gas Services Group, received 4,456 shares when restricted stock units (RSUs) vested on June 5, 2026. The filing shows an award/acquisition of 4,456 shares and a simultaneous conversion/exercise of a derivative (code M) at $0.00, indicating the RSUs settled into common shares without an exercise price.
Key Details
- Transaction date: 2026-06-05; filing date: 2026-06-08.
- Shares involved: 4,456 shares acquired via RSU vesting. Reported exercise/conversion price: $0.00.
- Shares owned after the transaction: not reported in this Form 4.
- Footnotes: F1 notes the shares were acquired upon RSU vesting. F2 clarifies each RSU equals one share on vesting (or, at the holder’s election, up to 50% of RSUs can be taken in cash).
- Timeliness: Filed within three days of the transaction (not marked late).
Context
- This was a compensation-related award settling into shares (routine for executives/directors), not an open-market purchase or sale. Such vestings reflect standard equity compensation rather than a buy/sell signal; the $0.00 conversion simply reflects that RSUs convert to shares on vesting rather than requiring an exercise payment.