[Form 4] Natural Gas Services Group, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Stephen C. Taylor, a director of Natural Gas Services Group, Inc. (NGS), reported an insider sale executed under a Rule 10b5-1 trading plan. On 09/04/2025 he sold 10,000 shares of NGS common stock at a weighted average price of $27.0018 per share. After the reported sale Mr. Taylor beneficially owned 403,334 shares directly and 114,213 shares indirectly through a Rabbi Trust. The filing also reports restricted stock units representing rights to receive 4,456 and 4,195 shares, respectively. The reporting person states the 10b5-1 plan was established on May 16, 2025 and that the sale occurred in multiple transactions at prices ranging from $27.00 to $27.015.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director sold 10,000 shares under a pre-established 10b5-1 plan; substantial remaining direct and indirect holdings remain.
From a capital-markets perspective, the transaction appears routine and compliant because it was executed pursuant to a Rule 10b5-1 trading plan, which is intended to provide an affirmative defense against insider trading claims. The sale size (10,000 shares) should be interpreted relative to his residual direct holding of 403,334 shares and indirect holding of 114,213 shares, both disclosed in the filing. The weighted average sale price was $27.0018, with executions between $27.00 and $27.015. The filing also discloses outstanding restricted stock units (4,456 and 4,195) that convert to common shares upon vesting, which modestly increases eventual share dilution.
TL;DR: Disclosure follows standard Section 16 reporting conventions and documents use of a pre-established trading plan.
The Form 4 provides clear disclosure of the relationship (Director), the Rule 10b5-1 plan establishment date (May 16, 2025), and the details of the sale including weighted average price and price range. The separation of direct and indirect holdings, including shares held in a Rabbi Trust, aligns with good governance transparency. Reporting of restricted stock units clarifies future potential issuance but does not state vesting dates in this filing. Overall, the form meets routine disclosure expectations without indicating control shifts or governance concerns.