Taylor Stephen Charles 4

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.