NATURAL GAS SERVICES GROUP INC·4

Jun 11, 9:46 AM ET

Gallegos John A. Jr. 4

Research Summary

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Updated

Natural Gas Services (NGS) Director John Gallegos Receives 3,009 RSUs

What Happened

  • John A. Gallegos Jr., a director of Natural Gas Services Group, Inc. (NGS), was granted 3,009 restricted stock units (RSUs) on 2026-06-10. The reported acquisition price is $0.00 (transaction coded as an award/derivative), so no cash was paid by the insider at grant. The award vests on the first anniversary of the grant date, subject to certain accelerated vesting conditions.

Key Details

  • Transaction date: 2026-06-10; Form 4 filed 2026-06-11 (timely filing).
  • Transaction type/code: Award/Grant (A); 3,009 RSUs granted at $0.00.
  • Post-transaction holdings: Not specified in the provided excerpt.
  • Plan: Award made under the Company’s 2019 Equity Incentive Plan.
  • Footnotes: F1 — each RSU converts to one share upon vesting; F2 — vests on the first anniversary, with possible accelerated vesting in certain circumstances.
  • Tax/withholding: No tax withholding or surrender reported in the provided details.

Context

  • RSUs are a form of equity compensation that convert to common shares upon vesting; until then they are a contingent/derivative interest and typically carry no immediate voting rights. This grant is a routine compensation award to a director and does not represent an open-market purchase or sale.