Natural Gas Services director adds 59 shares
Director Donald J. Tringali increased his indirect NGS holdings via dividend reinvestment and reported direct shares and Restricted Stock Units positions.
Rhea-AI Filing Summary
For NATURAL GAS SERVICES GROUP INC (NGS), director Donald J. Tringali reported receiving an award of 59 shares of common stock on September 2, 2026, acquired indirectly through a rabbi trust via dividend reinvestment under a deferred compensation plan at $35.22 per share. Following this, he held 13,812 common shares indirectly, 5,965 common shares directly, and 4,574 Restricted Stock Units, each representing one share of common stock upon vesting. No Rule 10b5-1 trading plan is reported for these holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 59 shares
Grant/Award
3 txns
Insider
TRINGALI DONALD J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 59 | $35.22 | $2K |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,812 shares (Indirect, Rabbi Trust);
Restricted Stock Units — 4,574 contracts (Direct);
Common Stock — 5,965 shares (Direct)
Footnotes (3)
- F1. Shares acquired through reinvestment of cash dividends pursuant to the terms of the deferred compensation plan.
- F2. Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting.
- F3. Not Applicable. The Restricted Stock Units vest on the first anniversary of the grant date, subject to accelerated vesting under certain circumstances.
Key Figures
Shares acquired: 59 shares of common stock
Attributed price per share: $35.22 per share
Indirect common shares after transaction: 13,812 shares
+2 more
5 metrics
Shares acquired
59 shares of common stock
Award reported for September 2, 2026 via dividend reinvestment in a deferred compensation plan
Attributed price per share
$35.22 per share
For the 59 common shares acquired through dividend reinvestment on September 2, 2026
Indirect common shares after transaction
13,812 shares
Common stock held indirectly through a rabbi trust after the September 2, 2026 award
Direct common share holdings
5,965 shares
Common stock held directly after the reported transactions
Restricted Stock Units underlying shares
4,574 shares
Underlying NGS common shares represented by Restricted Stock Units held directly
Key Terms
Rabbi Trust, Restricted Stock Units, deferred compensation plan, accelerated vesting
4 terms
Rabbi Trust financial
"Shares held indirectly through a rabbi trust in connection with a deferred compensation plan"
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.
Restricted Stock Units financial
"Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting"
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.
deferred compensation plan financial
"Shares acquired through reinvestment of cash dividends pursuant to the terms of the deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
accelerated vesting financial
"The Restricted Stock Units vest on the first anniversary of the grant date, subject to accelerated vesting under certain circumstances"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
What insider transaction did NGS director Donald J. Tringali report?
He reported an acquisition of 59 shares of NGS common stock on September 2, 2026, received indirectly through dividend reinvestment in a deferred compensation plan, held in a rabbi trust.
How many Restricted Stock Units linked to NGS common stock does Donald J. Tringali hold?
He reported holding 4,574 Restricted Stock Units, each representing the right to receive one share of NGS common stock upon vesting.
When do Donald J. Tringali’s NGS Restricted Stock Units vest?
The Restricted Stock Units vest on the first anniversary of the grant date, with vesting subject to accelerated vesting under certain circumstances.
Were Donald J. Tringali’s reported NGS transactions under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan governs the reported holdings and transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.