[144] NATURAL GAS SERVICES GROUP INC SEC Filing
NATURAL GAS SERVICES GROUP, INC. (NGS): This Form 144 notifies a proposed sale of 759 common shares by a person (Stephen Taylor) through RBC Capital Markets with an aggregate market value of $21,631 and an approximate sale date of 09/25/2025. The shares were acquired as RSU vesting on 01/27/2015. The filing also reports that Stephen Taylor sold 51,326 shares of the issuer over the prior three months for total gross proceeds of $1,388,059 across multiple dates in August–September 2025. The notice includes the standard Rule 144 certification that the seller is not aware of undisclosed material adverse information.
- Regulatory compliance: The filer provided required Rule 144 disclosures including broker, acquisition date, and prior three-month sales.
- Transparency on source of shares: The shares were acquired via RSU vesting on 01/27/2015, clarifying they were compensation-related grants.
- Insider sales disclosed: The seller disposed of 51,326 shares in the prior three months for $1,388,059, which may be perceived negatively by some investors.
Insights
TL;DR: Insider is selling vested RSUs; cumulative recent sales total 51,326 shares for $1.39M, disclosed under Rule 144.
The filing documents a routine Rule 144 notice for the sale of 759 shares scheduled for 09/25/2025 and discloses prior dispositions by the same person totaling 51,326 shares in the last three months for $1,388,059. The shares to be sold were originally acquired via RSU vesting in 2015, indicating these are previously granted compensation shares rather than open-market purchases. For investors, this is a transparency event showing liquidity action by an insider, but the volume represents a small fraction of the company's ~12.54 million outstanding shares.
TL;DR: Filing appears compliant with Rule 144 disclosure requirements; seller affirms no undisclosed material information.
The Form 144 includes required seller details, broker information, acquisition history (RSU vesting date), and prior three-month sales with gross proceeds, which aligns with regulatory disclosure expectations. The seller's signed representation that no material nonpublic information exists is standard. There is no indication in this filing of trading-plan reliance (Rule 10b5-1), as no plan-adoption date is provided.