[Form 4] Natural Gas Services Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Jean K. Holley, a director of Natural Gas Services Group, Inc. (NGS), purchased 4,048 shares of the company's common stock at $24.4945 per share on 08/14/2025 under a purchase transaction reported on Form 4. Following that transaction the Form 4 shows Ms. Holley beneficially owns 4,048 shares directly. The filing also reports 7,921 restricted stock units, each representing the right to receive one share upon vesting, shown as directly beneficially owned.

The disclosure is a routine insider report of equity acquisition and outstanding equity awards. The purchase reflects a director-level buy of a modest number of shares relative to large-cap market volumes, while the restricted stock units indicate outstanding compensation-related equity that may convert to common shares when they vest.

Positive

• Director purchase reported: Jean K. Holley acquired 4,048 shares at $24.4945, demonstrating insider buying activity.
• Equity compensation disclosed: 7,921 restricted stock units are recorded, showing alignment of executive/director compensation with shareholder equity.

Negative

• None.

Insights

Financial Analyst

TL;DR: A director-level purchase of 4,048 shares at $24.4945 and 7,921 RSUs on record; transaction size appears modest and not materially transformative.

The reported open-market purchase of 4,048 shares at $24.4945 is a straightforward insider acquisition that can be interpreted as an alignment of the director with shareholder value, though the absolute size is small relative to typical market capitalization of public firms. The separate reporting of 7,921 restricted stock units documents outstanding equity compensation that will dilute share count only upon vesting and settlement. There is no indication in the Form 4 of sales, derivative activity, or coordinated group filings that would change immediate capital structure or liquidity.

Corporate Governance Expert

TL;DR: Director reported a purchase and holds outstanding RSUs; this is routine governance disclosure without signs of governance stress.

The Form 4 demonstrates compliance with Section 16 reporting: a director acquired common stock and separately has restricted stock units that align compensation with long-term equity ownership. The disclosure indicates typical governance practices—equity compensation and insider purchases—but does not show departures, option grants with immediate exercise, or other events that would raise governance flags. Impact on shareholder governance dynamics is minimal based on the sizes reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HOLLEY JEAN K

(Last) (First) (Middle)

HERC HOLDINGS

27500 RIVERVIEW CENTER BLVD

(Street)

BONITA SPRINGS FL 34134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NATURAL GAS SERVICES GROUP INC [ NGS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/14/2025		P		4,048	A	$24.4945	4,048	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)							(1)	(1)	Common Stock	7,921		7,921	D

Explanation of Responses:

1. 1. Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting.

	Jean K. Holley	08/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What transaction did Jean K. Holley report on Form 4 for NGS?

The Form 4 reports a purchase of 4,048 shares of NGS common stock at $24.4945 per share on 08/14/2025.

How many restricted stock units does the reporting person hold?

The filing shows 7,921 restricted stock units, each representing the right to receive one share upon vesting.

Are the reported holdings direct or indirect?

Both the 4,048 purchased shares and the 7,921 RSUs are reported as direct beneficial ownership.

Does the Form 4 show any derivative transactions or sales by the reporting person?

No. The Form 4 shows a non-derivative purchase and restricted stock units; there are no derivatives or sales reported.

Does the Form 4 indicate whether RSUs are vested?

The Form 4 states each RSU represents the right to receive one share upon vesting but does not specify vesting dates or whether they are vested.