Natural Gas Services (NGS) grants 3,009 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOLLEY JEAN K reported acquisition or exercise transactions in this Form 4 filing.
NATURAL GAS SERVICES GROUP INC director Jean K. Holley reported a new equity award. She received 3,009 Restricted Stock Units, each representing one share of common stock upon vesting. The award was granted under the 2019 Equity Incentive Plan and vests on the first anniversary of the grant date. Following this filing, she directly holds 18,846 shares of common stock and 3,009 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HOLLEY JEAN K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,009 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,009 shares (Direct, null);
Common Stock — 18,846 shares (Direct, null)
Footnotes (1)
- Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting. Not Applicable. The acquisition reflects an award of Restricted Stock Units pursuant to the Company's 2019 Equity Incentive Plan. The award vests on the first anniversary of the grant date, subject to accelerated vesting under certain circumstances.
Key Figures
RSUs granted: 3,009 units
Underlying common shares for RSUs: 3,009 shares
Common shares held after: 18,846 shares
+1 more
4 metrics
RSUs granted
3,009 units
Restricted Stock Units awarded to director on 2026-06-10
Underlying common shares for RSUs
3,009 shares
Each RSU represents one share of common stock
Common shares held after
18,846 shares
Direct ownership following reported transactions
RSU grant price
$0.00 per unit
Equity award granted at no cash exercise price
Key Terms
Restricted Stock Units, Equity Incentive Plan, vesting, grant date
4 terms
Restricted Stock Units financial
"The acquisition reflects an award of Restricted Stock Units pursuant to the Company's 2019 Equity Incentive Plan."
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.
Equity Incentive Plan financial
"The acquisition reflects an award of Restricted Stock Units pursuant to the Company's 2019 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"The award vests on the first anniversary of the grant date, subject to accelerated vesting under certain circumstances."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant date financial
"The award vests on the first anniversary of the grant date, subject to accelerated vesting under certain circumstances."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did NGS director Jean K. Holley report?
Jean K. Holley reported receiving 3,009 Restricted Stock Units from Natural Gas Services Group. These units are part of a compensation award and convert into common shares upon vesting, rather than reflecting an open-market stock purchase or sale.
How many Restricted Stock Units did NGS grant to Jean K. Holley?
Natural Gas Services Group granted 3,009 Restricted Stock Units to director Jean K. Holley. Each RSU represents the right to receive one share of common stock upon vesting, providing additional equity-based compensation tied to future service conditions.
When do Jean K. Holley’s NGS Restricted Stock Units vest?
The 3,009 Restricted Stock Units granted to Jean K. Holley vest on the first anniversary of the grant date. Vesting remains subject to service and may accelerate under certain circumstances as described in the company’s 2019 Equity Incentive Plan.
What does each NGS Restricted Stock Unit represent for Jean K. Holley?
Each Restricted Stock Unit granted to Jean K. Holley represents the right to receive one share of Natural Gas Services Group common stock. The shares are delivered when the units vest, aligning her compensation with the company’s equity over time.
Under which plan were Jean K. Holley’s NGS Restricted Stock Units granted?
Jean K. Holley’s 3,009 Restricted Stock Units were granted under Natural Gas Services Group’s 2019 Equity Incentive Plan. This plan provides equity-based awards, such as RSUs, to align directors’ and employees’ interests with long-term shareholder value.