Director at NCS Multistage Holdings (NCSM) receives 3,221 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCSHANE MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
NCS Multistage Holdings, Inc. director Michael McShane reported receiving an equity award of 3,221 shares of common stock in the form of restricted stock units at a price of $0.00 per share. These 3,221 restricted stock units are scheduled to vest and settle on February 28, 2027.
After this grant, McShane’s directly held common stock, including the new restricted stock units, totals 48,778 shares. This is a non-cash, stock-based compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCSHANE MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,221 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 48,778 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NCS Multistage Holdings (NCSM) report for Michael McShane?
NCS Multistage reported that director Michael McShane received a grant of 3,221 restricted stock units of common stock at $0.00 per share. This award is stock-based compensation and not an open-market share purchase or sale by the director.
When do Michael McShane’s newly granted NCS Multistage (NCSM) restricted stock units vest?
The 3,221 restricted stock units granted to director Michael McShane are scheduled to vest and settle on February 28, 2027. Vesting means the units convert into common shares at that time, assuming applicable conditions are satisfied under the award terms.
Was the NCS Multistage (NCSM) Form 4 transaction an open-market buy or sell?
The reported transaction was not an open-market buy or sell. It was classified as a grant or award acquisition of 3,221 restricted stock units at $0.00 per share, reflecting stock-based compensation rather than a market trade by the director.
What type of security was involved in Michael McShane’s NCS Multistage (NCSM) Form 4 filing?
The filing involves NCS Multistage common stock delivered through 3,221 restricted stock units. These units represent the right to receive common shares in the future, with vesting and settlement scheduled for February 28, 2027, under the terms of the award.