[144] NATURAL GAS SERVICES GROUP INC SEC Filing
Rhea-AI Filing Summary
Natural Gas Services Group, Inc. (NGS) notice reports a proposed sale of 1,326 common shares through RBC Capital Markets with an aggregate market value of $37,791 and approximately 12,542,314 shares outstanding. The proposed sale date is 09/24/2025. The securities to be sold were acquired via restricted stock unit vesting on 01/27/2015 (5,207 shares) and 01/18/2016 (4,793 shares). The filing also discloses that Stephen Taylor sold a total of 50,000 shares of Natural Gas Services Group in the past three months for aggregate gross proceeds of $1,350,268, across sales dated 08/22/2025 through 09/23/2025. The filer certifies no undisclosed material adverse information and indicates the broker handling the proposed sale is RBC Capital Markets.
Positive
- Complete disclosure of acquisition dates and nature (RSU vests) for the shares being offered
- Broker identified (RBC Capital Markets) and proposed sale date (09/24/2025) provided
- Recent sales history is fully listed, totaling 50,000 shares and $1,350,268 gross proceeds, increasing transparency
Negative
- Insider selling activity: 50,000 shares sold in the past three months for $1,350,268, which may be viewed negatively by some investors
- Proposed sale adds further selling pressure (1,326 shares, $37,791) in short timeframe
Insights
TL;DR Insider plans a small proposed sale (1,326 shares) after recent significant dispositions totaling 50,000 shares ($1.35M).
The filing documents a routine Rule 144 notice for the proposed sale of 1,326 common shares with an indicated market value of $37,791. The shares being offered were originally acquired via RSU vesting in 2015 and 2016, which typically indicates long-held, vested compensation shares rather than recent purchases. Notably, the same account (Stephen Taylor via RBC) completed 50,000 shares of sales in the prior three months for gross proceeds of $1,350,268, demonstrating ongoing liquidation activity. For investors, this is informational: the proposed sale is small relative to the recent 50,000-share disposals, and the filing contains no new financial or operational disclosures about the issuer.
TL;DR Filing appears procedurally complete for a Rule 144 sale; signer affirms no undisclosed material adverse information.
The Form 144 supplies required acquisition dates, nature of acquisition (RSU vest), broker name, proposed sale date, and outstanding share count. The signatory affirms the absence of undisclosed material adverse information and includes a history of recent sales aggregated for the account. From a compliance perspective, the form meets disclosure elements necessary for a Rule 144 notice. There are no indications in the filing of noncompliance, contested transfers, or alternative payment arrangements. The filing is therefore a routine disclosure of intended insider selling activity rather than a disclosure of issuer-specific risk events.