NCS Multistage (NCSM) director Robert Nipper granted 3,221-share stock award

Rhea-AI Filing Summary

NCS Multistage Holdings director Robert Nipper reported an equity award and updated his holdings. He acquired 3,221 shares of common stock at a price of $0.00 per share as a grant or award, increasing his directly held common stock to 36,676 shares. The 3,221-share award consists of restricted stock units that vest and settle on February 28, 2027. Indirectly, 88,596 shares are held by the Nipper Family Limited Partnership, where he is trustee of the sole general partner, and he disclaims beneficial ownership except for his pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nipper Robert

(Last) (First) (Middle)

C/O NCS MULTISTAGE HOLDINGS, INC.

19350 STATE HIGHWAY 249, SUITE 600

(Street)

HOUSTON TX 77070

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NCS Multistage Holdings, Inc. [ NCSM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/03/2026		A		3,221	A	$0	36,676(1)	D
Common Stock								88,596	I	By Family Limited Partnership(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 3,221 restricted stock units which vest and settle on February 28, 2027.

2. These securities are held by the Nipper Family Limited Partnership, a limited partnership of which the Reporting Person is the trustee of the sole general partner, Nipper Family Management Trust. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by the Nipper Family Limited Partnership except to the extent of his pecuniary interest therein.

	/s/ Ori Lev, attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NCSM director Robert Nipper report?

Director Robert Nipper reported receiving an equity award of 3,221 shares of NCS Multistage Holdings common stock at $0.00 per share. These shares were granted as a stock award, not purchased on the open market, and increased his directly held stake to 36,676 shares.

What are the vesting terms of Robert Nipper’s new NCSM restricted stock units?

The 3,221-share award to Robert Nipper consists of restricted stock units that vest and settle on February 28, 2027. This means he will not fully receive the underlying common shares until that vesting date, subject to the award’s terms and conditions.

How many NCS Multistage (NCSM) shares does Robert Nipper hold directly after the award?

After the reported award, Robert Nipper directly holds 36,676 shares of NCS Multistage common stock. This figure includes the 3,221 restricted stock units that were granted and will vest and settle on February 28, 2027, assuming all vesting conditions are met.

What indirect NCSM holdings are associated with Robert Nipper?

In addition to his direct holdings, 88,596 NCS Multistage shares are held indirectly through the Nipper Family Limited Partnership. This partnership’s general partner is the Nipper Family Management Trust, where Nipper is trustee, and he disclaims beneficial ownership except for his pecuniary interest in those shares.

Did Robert Nipper buy or sell NCSM shares in the open market?

The reported Form 4 shows a grant or award acquisition of 3,221 shares at $0.00 per share, not an open-market purchase or sale. The filing does not report any open-market buying or selling activity by Robert Nipper on the transaction date.

Why does Robert Nipper disclaim beneficial ownership of some NCSM shares?

Nipper disclaims beneficial ownership of NCS Multistage shares held by the Nipper Family Limited Partnership, except for his pecuniary interest. These shares are owned by the partnership, whose sole general partner is the Nipper Family Management Trust, for which he serves as trustee.