Natural Gas Services (NGS) director granted stock units and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NATURAL GAS SERVICES GROUP INC director Donald J. Tringali reported equity awards and an RSU vesting into common stock. On 2026-06-05, 4,456 restricted stock units converted into common shares, 4,010 common shares were credited to an indirect Rabbi Trust account, and 446 shares were granted to his direct holdings.
After these transactions, Tringali holds 17,714 common shares indirectly through a Rabbi Trust and 1,955 common shares directly. All activity reflects grants and vesting events, with no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,456 shares exercised/converted
Mixed
3 txns
Insider
TRINGALI DONALD J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,456 | $0.00 | -- |
| Grant/Award | Common Stock | 446 | $0.00 | -- |
| Grant/Award | Common Stock | 4,010 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 1,955 shares (Direct, null);
Common Stock — 17,714 shares (Indirect, Rabbi Trust)
Footnotes (1)
- Not applicable. The reported shares were acquired in connection with the vesting of a restricted stock unit (RSU) award. Not applicable. Each RSU represented the right to receive one share of the Issuer's common stock upon vesting (or upon election by the reporting person, up to 50% of the RSUs in cash).
Key Figures
RSUs converted: 4,456 shares
Indirect grant: 4,010 shares
Direct grant: 446 shares
+3 more
6 metrics
RSUs converted
4,456 shares
Restricted Stock Units converting into common stock on June 5, 2026
Indirect grant
4,010 shares
Common stock credited to Rabbi Trust on June 5, 2026
Direct grant
446 shares
Common stock granted to direct holdings on June 5, 2026
Indirect holdings after
17,714 shares
Common stock held indirectly through Rabbi Trust after transactions
Direct holdings after
1,955 shares
Common stock held directly after transactions
Exercise price
$0.0000 per RSU
Conversion or exercise price for RSUs into common stock
Key Terms
Restricted Stock Units, Rabbi Trust, derivative security, RSU
4 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rabbi Trust financial
"nature_of_ownership": "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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
RSU financial
"the vesting of a restricted stock unit (RSU) award"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
