Nipper Robert 4
Research Summary
AI-generated summary
NCS Multistage (NCSM) Director Robert Nipper Receives RSU Award
What Happened
- Robert Nipper, a director of NCS Multistage Holdings, Inc. (NCSM), received an award of 3,221 restricted stock units (RSUs) on March 3, 2026. The reported acquisition price is $0.00, indicating these RSUs were granted as compensation rather than purchased for cash.
Key Details
- Transaction date: 2026-03-03 (Form filed same day: 2026-03-03).
- Transaction type: Award/Grant (code A).
- Amount: 3,221 RSUs; reported price: $0.00.
- Vesting/settlement: These RSUs vest and settle on February 28, 2027 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- Ownership note: Footnote F2 states certain securities are held by the Nipper Family Limited Partnership; Mr. Nipper disclaims beneficial ownership of those partnership-held securities except to the extent of his pecuniary interest.
- Timeliness: Filing date equals transaction date, indicating a timely report.
Context
- RSU grants are a form of compensation; they do not involve an immediate cash purchase or sale and only convert into shares upon vesting/settlement, so they are not an immediate market purchase signal.
- Because the award vests in 2027, any future sale or retention of the underlying shares will determine the longer-term insider activity and potential market impact.