Taylor Stephen Charles 4
4 · NATURAL GAS SERVICES GROUP INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Natural Gas Services Group (NGS) Director Stephen Taylor Sells 100,000 Shares
What Happened
Stephen (Taylor) Charles, a director of Natural Gas Services Group, sold a total of 100,000 shares in open-market transactions on March 5–6, 2026 for aggregate proceeds of about $3.75 million. On March 5 he disposed of 70,000 shares at a weighted-average price of $37.58 (proceeds $2,630,922). On March 6 he disposed of 30,000 shares at a weighted-average price of $37.23 (proceeds $1,116,759). These were sales (not purchases or option exercises), which are often routine insider liquidity events and do not by themselves indicate company performance.
Key Details
- Transaction dates and prices:
- 2026-03-05: Sold 70,000 shares at weighted-average $37.58 (range reported: $37.30–$38.5596) — $2,630,922.
- 2026-03-06: Sold 30,000 shares at weighted-average $37.23 (range reported: $37.1538–$37.3455) — $1,116,759.
- Total sold: 100,000 shares for ~ $3,747,681 (~$3.75M).
- Shares owned after transaction: Not reported in the supplied filing excerpt.
- Footnotes: Prices shown are weighted averages; the filer can provide a breakdown of the number of shares sold at each individual price within the ranges (Footnotes F1, F2). Footnote F3 (about Restricted Stock Units representing one share at vesting) is noted in the filing but not directly relevant to these sales.
- Filing timeliness: Form 4 filed 2026-03-09 for transactions on 2026-03-05 and 2026-03-06 — appears to be filed within the customary Section 16 reporting window.
Context
These were open-market sales (transaction code S). Sales by officers/directors can be for many reasons (diversification, taxes, personal liquidity) and are not necessarily a signal about the company’s outlook. There is no indication in the provided excerpt of a Rule 10b5-1 trading plan or of option exercises or awards tied to these transactions.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-05$37.58/sh−70,000$2,630,922→ 205,432 total - Sale
Common Stock
[F2]2026-03-06$37.23/sh−30,000$1,116,759→ 175,432 total
- 114,961(indirect: By Trust)
Common Stock
- 4,456
Restricted Stock Units
[F3]→ Common Stock (4,456 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $37.30 to $38.5596 inclusive. The reporting person undertakes to provide to NGS, any security holder of NGS, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $37.1538 to $37.3455 inclusive. The reporting person undertakes to provide to NGS, any security holder of NGS, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting.