Jacobs Justin 4

What Happened

• Justin Jacobs, CEO of Natural Gas Services Group, had 11,696 restricted stock units (RSUs) vest on March 13, 2026. Those RSUs converted into 11,696 shares of common stock (reported as exercises/conversions of derivatives).
• To cover tax withholding, 4,433 of the newly issued shares were surrendered at $35.59 per share, equal to $157,770. There was no open‑market sale — this was an RSU vesting and net share settlement rather than a purchase or voluntary sale.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (timely filing).
• Award/vesting: 11,696 shares acquired via RSU vesting (code A; conversion entries reported as M totaling 11,696).
• Tax withholding: 4,433 shares withheld at $35.59 per share for $157,770 (code F).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnotes: F1/F2 indicate these were RSUs that convert 1:1 into common shares upon vesting and the withholding reflects tax payment.

Context

• This is a standard executive compensation event (RSU vesting) and not an open‑market buy or sale; withheld shares to cover taxes are routine and do not necessarily signal insider sentiment.
• The derivative/conversion entries at $0.00 reflect conversion/settlement of RSUs (no exercise price owed).