RALLS W MATT 4

What Happened
W. Matt Ralls, a director of NCS Multistage Holdings, Inc. (NCSM), was granted 3,221 restricted stock units (RSUs) on March 3, 2026. The RSUs were reported at an acquisition price of $0.00 (an award/compensation grant), so the filing shows $0 cash paid for the grant.

Key Details

• Transaction date: 2026-03-03; transaction type: Award/Grant (code A), 3,221 RSUs @ $0.00.
• Vesting: the 3,221 RSUs vest on February 28, 2027 (per footnote).
• Holdings reported include an additional 25,256 vested RSUs; combined this reflects 28,477 RSUs referenced in the filing (3,221 unvested + 25,256 vested) that generally settle per the plan. (See footnote F1.)
• Settlement/vesting note: the vested units and the newly granted units are subject to settlement within 30 days following the earlier of termination of service or a change of control (per F1).
• Filing date / Period of report: 2026-03-03. No late-filing flag indicated in the report.

Context
This was a compensation award (RSUs), not a purchase or sale of open-market stock; grants are common for director compensation and do not by themselves indicate buying or selling sentiment. The unvested RSUs will convert to shares only if vesting conditions are met (here, Feb 28, 2027) or upon certain termination/change-of-control provisions described in the footnote.