HOLLEY JEAN K 4
Research Summary
AI-generated summary
Natural Gas Services (NGS) Director Jean K. Holley Receives RSU Award
What Happened
- Jean K. Holley, a director of Natural Gas Services Group, Inc. (NGS), was granted 3,009 Restricted Stock Units (RSUs) on June 10, 2026. The grant is recorded at a $0.00 per-share grant price and shown as a derivative award (no immediate cash cost).
- The RSUs vest on the first anniversary of the grant (subject to acceleration in certain circumstances), so the shares will be delivered only if vesting conditions are met.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-11 (timely; insider filings are generally due within 2 business days).
- Transaction type/code: A — Award/Grant of derivative securities (RSUs).
- Shares involved: 3,009 RSUs; reported acquisition price: $0.00; immediate reported value: $0 (derivative).
- Shares owned following the transaction: not specified in this filing.
- Footnotes: F1 — each RSU equals the right to one share upon vesting; F2 — award granted under the Company’s 2019 Equity Incentive Plan and vests on the first anniversary of the grant (with possible accelerated vesting).
Context
- RSUs are a form of deferred compensation: they represent the right to receive shares in the future if vesting conditions are met. This is not an open-market purchase or sale and does not reflect an immediate transfer of shares.