Hodges Georganne 4

What Happened

• Georganne Hodges, a director of Natural Gas Services Group, had 4,456 restricted stock units (RSUs) vest on June 5, 2026. The RSUs converted into shares (conversion reported as a derivative transaction).
• Hodges elected to receive 50% of the vested RSU value in cash, which resulted in the disposition of 2,228 shares at $39.87 per share for proceeds of $88,830. The remaining vested shares were issued to the reporting person.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (filed within the two-business-day reporting window).
• Award/Conversion: 4,456 RSUs vested and converted into shares (reported as acquisition A and derivative conversion M).
• Sale/disposition: 2,228 shares disposed at $39.87, total $88,830 (reported as transaction code J).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 confirms RSU vesting; F2 notes a 50% election to receive value in cash; F3 confirms each RSU equals one common share (or cash alternative).

Context

• This is a routine RSU vesting event with a 50% cash election (commonly used to realize value or cover taxes). The filing shows conversion of the RSUs into shares and a partial cash election/sale—not an open-market purchase or market-timed sale indicating a change in investment view.