4Filed Jun 10, 8:00 PM ET
Natural Gas Services (NGS) Director John Jackson Receives RSU Award
$NGS · NATURAL GAS SERVICES GROUP INCResearch Summary
AI-generated summary of this SEC filing
Natural Gas Services (NGS) Director John Jackson Receives RSU Award
What Happened
- Jackson John Earl (listed as a Director) was granted 3,009 restricted stock units (RSUs) on 2026-06-10. The filing records the acquisition price as $0.00 because this was an award (derivative grant), not a cash purchase or sale. RSUs convert to shares if and when they vest; the award vests on the first anniversary of the grant per the filing.
Key Details
- Transaction date and type: 2026-06-10 — Award/Grant of RSUs (transaction code A).
- Quantity and price: 3,009 RSUs at $0.00 recorded acquisition price (derivative).
- Vesting: Each RSU equals the right to one share; the award vests on the first anniversary of the grant (subject to accelerated vesting under certain circumstances).
- Shares owned after transaction: The filing provided does not disclose total shares beneficially owned after this award.
- Filing timeliness: Report filed 2026-06-11 for a 2026-06-10 grant — appears timely.
- Notes from filing: F1 clarifies each RSU converts to one share upon vesting; F2 states the award is under the 2019 Equity Incentive Plan and vests in one year.
Context
- RSU grants are typically compensation, not open‑market purchases, so they don’t by themselves signal a director buying shares on the market. The actual economic benefit to the insider depends on whether the RSUs vest and the share price at that time.