NATURAL GAS SERVICES GROUP INC·4

Jun 11, 10:19 AM ET

Jenvey Nigel 4

Research Summary

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Natural Gas Services Group (NGS) Director Nigel Jenvey Receives RSU Award

What Happened

Nigel Jenvey, a director of Natural Gas Services Group, was granted 3,521 restricted stock units (RSUs) on 2026-06-10 (transaction reported 2026-06-11). The award was recorded at $0.00 per unit (derivative grant), representing the right to receive one share of the company's common stock per RSU upon vesting.

Key Details

  • Transaction date: 2026-06-10; filing date: 2026-06-11 (timely).
  • Transaction type/code: Award/Grant (A) of RSUs; price per unit reported $0.00.
  • Amount: 3,521 RSUs awarded; total cash consideration reported $0.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 — each RSU entitles the holder to one share at vesting; F2 — award made under the 2019 Equity Incentive Plan and vests on the first anniversary of the grant date, subject to accelerated vesting in certain circumstances.

Context

RSU grants are compensation-based derivative awards that convert to common shares upon vesting; they are not open-market purchases or sales. The grant itself is neither a bullish purchase nor a sale of existing stock—it’s a standard form of equity compensation for executives and directors.