NATURAL GAS SERVICES GROUP INC·4

Jun 8, 1:20 PM ET

Gallegos John A. Jr. 4

Research Summary

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Natural Gas Services (NGS) Director John A. Gallegos Jr. Receives 4,456 Shares

What Happened

  • John A. Gallegos Jr., a director of Natural Gas Services Group, Inc. (NGS), acquired 4,456 shares on June 5, 2026 through the vesting/conversion of restricted stock units (RSUs). The Form 4 reports an award/ grant (code A) of 4,456 RSUs and a conversion/exercise of the derivative (code M) resulting in 4,456 shares at an exercise/conversion price of $0.00 (i.e., no cash paid).

Key Details

  • Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (filed within the standard 2-business-day window).
  • Items reported: Award/Grant (A) of 4,456 RSUs and conversion/exercise (M) of 4,456 derivative units into common stock at $0.00.
  • Total shares acquired: 4,456 shares.
  • Shares owned after the transaction: not disclosed in the filing.
  • Footnotes: F1 — shares were acquired upon RSU vesting; F2 — each RSU represented the right to one share (or, at the holder’s election, up to 50% of the RSUs could be taken in cash).

Context

  • This was a routine equity compensation event (RSU vesting) and not an open-market purchase or sale. The conversion at $0.00 reflects settlement of vested RSUs into common shares rather than a cash exercise of stock options. Such vesting is common for directors and generally reflects compensation rather than a directional insider bet.