[144] NCS Multistage Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice: Proposed sale of 1,969 common shares via Morgan Stanley Smith Barney LLC on 08/05/2025 on NASDAQ, aggregate market value $59,386.81, with 2,540,849 shares reported outstanding.

Acquisition and recent sales: The securities were acquired as restricted stock on 02/28/2025. The filing reports a sale of 548 shares on 08/04/2025 for gross proceeds of $16,440.44. The filer signs the standard representation of no undisclosed material adverse information. The issuer name is not specified within the filing content provided.

Positive

• Form 144 filed, indicating compliance with Rule 144 disclosure requirements
• Acquisition details disclosed: securities acquired as restricted stock on 02/28/2025

Negative

• Insider liquidity event: proposed sale of 1,969 shares (aggregate value $59,386.81)
• Recent sale of 548 shares on 08/04/2025 for $16,440.44

Insights

Securities Analyst

TL;DR: Small insider sale notice; limited likely market impact but monitor for additional insider activity.

The Form 144 documents a proposed sale of 1,969 shares (aggregate market value $59,386.81) to be executed through Morgan Stanley Smith Barney on 08/05/2025 on NASDAQ. The filing also discloses a recent sale of 548 shares on 08/04/2025 for $16,440.44 and shows the securities were acquired as restricted stock on 02/28/2025. Given the absolute size relative to common stock outstanding disclosed in the form, this appears to be routine insider liquidity rather than a materially dilutive or market-moving event, but further insider selling should be monitored.

Corporate Governance Expert

TL;DR: Filing shows procedural compliance; disclosure of restricted stock sale shortly after acquisition is notable for governance transparency.

The notice contains required Rule 144 details: broker identity, number of shares, acquisition date and nature, and a seller representation regarding undisclosed material information. The disclosure that the shares were restricted stock issued on 02/28/2025 and are now proposed for sale underscores the importance of clear timing and plan disclosures for insiders. The filing does not list the issuer name within the form text provided, which is a notable omission from the filing content itself.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1969	59386.81	2540849	08/05/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/28/2025	Restricted Stock	Issuer			1969	02/28/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
VALERIE MITCHELL 19350 State Highway 249 Suite 600 Houston TX 77070	Common	08/04/2025	548	16440.44

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares does this Form 144 propose to sell?

The filing proposes sale of 1,969 common shares, with an approximate aggregate market value of $59,386.81.

When and where is the proposed sale to occur?

The sale is listed for 08/05/2025 to be executed on NASDAQ through Morgan Stanley Smith Barney LLC.

Were any shares sold in the past three months?

Yes. The filing reports a sale of 548 shares on 08/04/2025 by Valerie Mitchell for gross proceeds of $16,440.44.

How and when were the securities being sold originally acquired?

The securities were acquired as restricted stock on 02/28/2025 (amount specified as 1,969).

Who is the broker named in the filing?

Morgan Stanley Smith Barney LLC, address listed as 1 New York Plaza, 8th Floor, New York, NY 10004.

Is the issuer identified in the Form 144 content provided?

No. The issuer name is not specified within the filing content supplied.