WILLIAMS DEWAYNE 4

4 · NCS Multistage Holdings, Inc. · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

NCS Multistage (NCSM) VP Dewayne Williams Exercises RSUs and Surrenders Shares

What Happened

Dewayne Williams, Vice President & Controller of NCS Multistage Holdings, reported vesting/settlement of 4,535 equivalent stock units on 2026-02-28 and a related surrender of shares to cover tax obligations. 4,535 units were treated as exercised/converted (derivative), and 4,535 shares were disposed to satisfy tax withholding at $39.84 per share for a cash value of $180,674. In addition, 301 shares were surrendered to the issuer on the same price for $11,992. On 2026-03-03 he was also granted 1,366 restricted stock units (RSUs) that vest over future periods.
These transactions are largely routine vesting and tax-withholding actions rather than an open-market purchase or sell for cash.

Key Details

Transaction dates and prices:
- 2026-02-28: 4,535 derivative units exercised/converted; withholding disposition of 4,535 shares at $39.84 = $180,674.
- 2026-02-28: 301 shares disposed to issuer at $39.84 = $11,992 (tax-related surrender).
- 2026-03-03: 1,366 RSUs granted (no cash price).
Shares owned after transaction: Not specified in the Form 4 provided.
Footnotes / notable items:
- F1/F4: The 4,535 were equivalent stock units that vested on 2/28/2026 and settle in cash (economic equivalent of one share, with a max payout cap).
- F2: Shares were surrendered specifically to satisfy tax withholding on the RSU vesting.
- F3/F5/F6: The new and remaining units include RSUs/equivalent units with staged vesting (e.g., 1,180 units vesting in two equal annual installments beginning 2/28/2027; 1,366 units vesting in three equal annual installments beginning 2/28/2027; plus other units vesting 2/28/2027).
Filing timeliness: No late-filing indication noted in the provided details.

Context

This was effectively a cash-settlement and tax-withholding event tied to RSU/equivalent-unit vesting (common executive compensation practice). Shares were surrendered to cover taxes rather than sold on the open market for investment reasons.
For retail investors: these transactions are routine compensation and withholding mechanics and do not necessarily signal a change in insider sentiment. Purchases would typically be a stronger bullish signal than vesting/withholding events.

Form 4

Period: 2026-02-28

VP & Controller

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-28+4,535→ 9,077 total
Tax Payment
Common Stock
[F1]
2026-02-28$39.84/sh−4,535$180,674→ 4,542 total
Disposition to Issuer
Common Stock
[F2]
2026-02-28$39.84/sh−301$11,992→ 4,241 total
Award
Common Stock
[F3]
2026-03-03+1,366→ 5,607 total
Exercise/Conversion
Equivalent Stock Units
[F4][F1][F5]
2026-02-28−4,535→ 3,833 total
→ Common Stock (4,535 underlying)
Award
Equivalent Stock Units
[F4][F6]
2026-03-03+1,366→ 5,199 total
→ Common Stock (1,366 underlying)

Footnotes (6)

[F1]Equivalent stock units vested on February 28, 2026 and settled for cash.
[F2]These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
[F3]Includes 1,180 restricted stock units which vest in two equal annual installments beginning on February 28, 2027 and 1,366 restricted stock units which vest in three equal annual installments beginning on February 28, 2027.
[F4]These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee.
[F5]Includes 2,653 equivalent stock units which vest on February 28, 2027 and 1,180 equivalent stock units which vest in two equal annual installments beginning on February 28, 2027.
[F6]Includes 2,653 equivalent stock units which vest on February 28, 2027, 1,180 equivalent stock units which vest in two equal annual installments beginning on February 28, 2027 and 1,366 equivalent stock units which vest in three equal annual installments beginning on February 28, 2027

Signature

/s/ Ori Lev, attorney-in-fact|2026-03-03

1 file