NCS Multistage (NCSM) CEO logs new stock awards and tax share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NCS Multistage Holdings, Inc. director and Chief Executive Officer Ryan Hummer reported a mix of equity awards, conversions and share dispositions. On February 28, 2026, 10,211 equivalent stock units vested and were exercised into common stock, with related common shares partly surrendered to the issuer and partly used to cover tax obligations at prices noted in the filing.
On March 2–3, 2026, Hummer received additional grants of common stock, equivalent stock units and performance stock units at no cash cost, increasing his directly held common stock and derivative awards. The performance stock units can ultimately settle for between zero and 1.25 shares of common stock per unit in the first quarter of 2029, based on relative total shareholder return and an absolute return modifier.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,211 shares exercised/converted
Mixed
9 txns
Insider
Hummer Ryan
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Equivalent Stock Units | 5,679 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 11,474 | $0.00 | -- |
| Grant/Award | Common Stock | 5,679 | $0.00 | -- |
| Grant/Award | Common Stock | 30,844 | $0.00 | -- |
| Disposition | Common Stock | 10,424 | $40.93 | $427K |
| Exercise | Equivalent Stock Units | 10,211 | $0.00 | -- |
| Exercise | Common Stock | 10,211 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,211 | $39.84 | $407K |
| Disposition | Common Stock | 588 | $39.84 | $23K |
Holdings After Transaction:
Equivalent Stock Units — 18,302 shares (Direct);
Performance Stock Units — 11,474 shares (Direct);
Common Stock — 58,894 shares (Direct)
Footnotes (1)
- Equivalent stock units vested on February 28, 2026 and settled for cash. These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units. These shares were surrendered to satisfy the tax obligations related to the vesting of performance stock units. Includes 4,826 restricted stock units which vest in two equal annual installments beginning on February 28, 2027 and 5,679 restricted stock units which vest in three equal annual installments beginning on February 28, 2027. These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee. The number of derivative securities reported in column 9 represents 7,797 equivalent stock units which vest on February 28, 2027 and 4,826 equivalent stock units which vest in two equal annual installments beginning on February 28, 2027. The number of derivative securities reported in column 9 represents 7,797 equivalent stock units which vest on February 28, 2027, 4,826 equivalent stock units which vest in two equal annual installments beginning on February 28, 2027 and 5,679 equivalent stock units which vest in three equal annual installments beginning on February 28, 2027. These performance stock units represent a contingent right to receive common stock, based on the Issuer's relative total shareholder return versus that of its peer group, subject to an absolute total shareholder return modifier. Each performance stock unit will settle for between zero and 1.25 shares of common stock in the first quarter of 2029, based on achievement of the performance measures over a three-year period, following certification by the Compensation, Nominating and Governance Committee of the performance results.
FAQ
What insider transactions did NCSM CEO Ryan Hummer report in this Form 4?
Ryan Hummer reported equity awards, derivative conversions, and share dispositions. He received common stock, equivalent stock units, and performance stock units, while some common shares were surrendered back to the issuer and to cover tax obligations tied to vesting events.
How many NCSM performance stock units were granted to the CEO in this filing?
The filing shows a grant of 11,474 performance stock units to CEO Ryan Hummer. Each unit represents a contingent right to receive common stock, with the ultimate payout tied to relative total shareholder return and an absolute total shareholder return modifier over a three-year period.
How will NCSM performance stock units for the CEO ultimately settle?
Each performance stock unit will settle for between zero and 1.25 shares of common stock. Settlement is expected in the first quarter of 2029, after the Compensation, Nominating and Governance Committee certifies performance over a three-year period based on relative and absolute total shareholder return.
What are NCSM equivalent stock units reported by the CEO and how do they settle?
The equivalent stock units represent the economic equivalent of one share of common stock but settle in cash. The filing notes that cash paid per equivalent stock unit cannot exceed a maximum payout established by the Compensation, Nominating and Governance Committee overseeing the company’s compensation programs.
When do the CEO’s NCSM restricted and equivalent stock units vest?
Footnotes indicate several vesting schedules. Certain equivalent stock units vested on February 28, 2026, while other equivalent and restricted stock units vest on February 28, 2027, or in two or three equal annual installments beginning on that date, subject to the specific grant terms.