Natural Gas Services director corrects share holdings
NATURAL GAS SERVICES GROUP INC (NGS) director Donald J. Tringali filed an amended Form 4 to correct how his beneficial ownership is allocated between direct holdings and a Rabbi Trust.
Rhea-AI Filing Summary
NATURAL GAS SERVICES GROUP INC (NGS) director Donald J. Tringali filed an amended Form 4 to correct how his beneficial ownership is allocated between direct holdings and a Rabbi Trust. The amendment clarifies that, after 4,010 shares vested on June 8, 2026, his holdings should be reported as 5,965 shares held directly and 13,753 shares held indirectly through a Rabbi Trust, rather than the misreported 1,955 direct and 17,763 indirect shares. The amendment states that no other information from the original Form 4 is changed and does not report any new purchase, sale, or other transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
TRINGALI DONALD J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,965 shares (Direct);
Common Stock — 13,753 shares (Indirect, Rabbi Trust)
Footnotes (1)
- F1. This filing amends the Form 4 filed by the Reporting Person on June 9, 2026 (the "Original Filing"). In the Original Filing, due to an administrative error, the Reporting Person's beneficial ownership indicated 17,763 shares of the Issuer's common stock were indirectly owned through a Rabbi Trust. In actuality, 4,010 shares that vested on June 8, 2026, were deposited to a direct holding account as opposed to the Rabbi Trust (indirect holding). Accordingly, the direct holdings should have been 5,965 shares as opposed to 1,955 shares and the indirect holdings should have been 13,753 shares as opposed to 17,763 shares. This amendment is being filed to report the correct nature of the beneficial ownership. No other changes have been made to the information contained in the Original Filing.
Key Figures
Direct holdings after correction: 5,965 shares
Indirect holdings after correction: 13,753 shares
Shares previously reported as indirectly held: 17,763 shares
+2 more
5 metrics
Direct holdings after correction
5,965 shares
Common Stock beneficially owned directly by Donald J. Tringali after the June 8, 2026 correction
Indirect holdings after correction
13,753 shares
Common Stock beneficially owned indirectly through a Rabbi Trust after the June 8, 2026 correction
Shares previously reported as indirectly held
17,763 shares
Amount incorrectly shown as indirectly owned through a Rabbi Trust in the original Form 4
Direct holdings previously reported
1,955 shares
Directly held shares figure in the original Form 4 before this correction
Shares that vested June 8, 2026
4,010 shares
Vested shares deposited to a direct holding account instead of the Rabbi Trust
Key Terms
beneficial ownership, Rabbi Trust, Form 4, indirect holdings, +1 more
5 terms
beneficial ownership financial
"the Reporting Person's beneficial ownership indicated 17,763 shares of the Issuer's common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rabbi Trust financial
"shares of the Issuer's common stock were indirectly owned through a Rabbi Trust"
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
Form 4 regulatory
"This filing amends the Form 4 filed by the Reporting Person"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
indirect holdings financial
"the indirect holdings should have been 13,753 shares as opposed to 17,763 shares"
direct holdings financial
"the direct holdings should have been 5,965 shares as opposed to 1,955 shares"
FAQ
What does the amended Form 4/A for NGS report about Donald J. Tringali's holdings?
The amendment reports that Donald J. Tringali beneficially owns 5,965 NGS shares directly and 13,753 shares indirectly through a Rabbi Trust, correcting previously misreported amounts in the original Form 4 filed June 9, 2026.
Did the NGS Form 4/A disclose any new stock purchases or sales by the director?
No. The Form 4/A states it is filed to correct the nature of beneficial ownership between direct and Rabbi Trust holdings and that no other changes were made to the information in the original filing.
What was the error corrected in Donald J. Tringali's original NGS Form 4?
The original Form 4 showed 17,763 NGS shares indirectly owned through a Rabbi Trust and 1,955 directly. The amendment explains that 4,010 vested shares were actually deposited to a direct holding account, so the correct totals are 5,965 direct and 13,753 indirect.
Does the NGS Form 4/A indicate trades under a Rule 10b5-1 plan?
No. The filing does not report that the transactions were made under a Rule 10b5-1 trading plan, and its stated purpose is limited to correcting the classification of existing holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
