Grewal Gurinder 4
4 · NCS Multistage Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
NCS Multistage (NCSM) Director Gurinder Grewal Receives Award
What Happened
Gurinder Grewal, a director of NCS Multistage Holdings, received an award of 3,221 restricted stock units (RSUs) on March 3, 2026. The RSUs were granted at $0.00 per share (a compensation award, not a purchase), so there was no cash exchanged in the transaction.
Key Details
- Transaction date: 2026-03-03; Transaction type: Award/Grant (code A); Price: $0.00.
- Shares reported in the filing after the grant: 20,919 RSUs total (3,221 unvested RSUs granted in this filing + 17,698 vested RSUs referenced in the filing footnote).
- Footnote: 3,221 RSUs vest on February 28, 2027; 17,698 RSUs are vested. All of these RSUs are scheduled to settle within 30 days following the earlier of (i) termination of the reporting person’s service for any reason or (ii) a change of control.
- Filing timeliness: Reported and filed on 2026-03-03 (same day as the report date).
Context
This was an RSU grant — a form of compensation for directors — not an open-market buy or sale. RSUs convert to shares upon vesting/settlement; vested RSUs may settle quickly under the stated termination/change-of-control provision. Awards like this are routine director compensation and do not by themselves indicate the insider is buying or selling stock in the market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-03+3,221→ 20,919 total
Footnotes (1)
- [F1]Includes 3,221 restricted stock units which vest on February 28, 2027 and 17,698 vested restricted stock units and all of which settle within thirty days following the earlier of (i) the termination of the Reporting Person's service for any reason or (ii) a change of control.