Taylor Stephen Charles 4
4 · NATURAL GAS SERVICES GROUP INC · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Natural Gas Services (NGS) Director Stephen Taylor Receives RSUs, Sells Shares
What Happened
Stephen (Charles) Taylor, a director of Natural Gas Services Group, had 4,456 restricted stock units (RSUs vest) on 2026-06-05. Per the filing, he received the vested award and elected to receive cash for 50% of the RSU value, resulting in a cash payment of $88,830 (2,228 RSUs × $39.87). The RSUs converted into shares (reported as an exercise/conversion of a derivative).
Key Details
- Transaction date: 2026-06-05 (reported on Form 4 filed 2026-06-08; filing appears timely).
- Reported items:
- A (award/acquisition): 4,456 shares acquired in connection with RSU vesting.
- J (other acquisition/disposition): 2,228 shares disposed for $39.87 each, total $88,830 (represents election to receive cash for 50% of RSUs).
- M (exercise/conversion of derivative): 4,456 units converted (reported at $0.00).
- Shares owned after the transaction: not specified in the disclosed items of this filing.
- Footnotes: F1–F3 clarify these were RSUs vesting, the reporting person elected to receive 50% of value in cash, and each RSU represented one share upon vesting.
Context
This sequence is a common compensation-related transaction: RSUs vested, part of the award was converted to shares and part was taken as cash. Such transactions are routine and reflect vesting/tax elections rather than an open-market purchase or sale that signals a trading view. The filing shows no open-market sale by the director beyond the cash election of vested RSUs.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-05+4,456→ 200,046 total - Other
Common Stock
[F2]2026-06-05$39.87/sh−2,228$88,830→ 197,818 total - Exercise/Conversion
Restricted Stock Units
[F3]2026-06-05−4,456→ 0 total→ Common Stock (4,456 underlying)
- 94,803(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Not applicable. The reported shares were acquired in connection with the vesting of a restricted stock unit (RSU) award.
- [F2]Represents an election by the reporting person to receive 50% of the value of the RSUs in cash.
- [F3]Not applicable. Each RSU represented the right to receive one share of the Issuer's common stack upon vesting (or upon election by the reporting person, up to 50% of the RSUIs in cash).