Natural Gas Services grants CFO 10,506 RSUs
Eckert Ian M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Eckert Ian M reported acquisition or exercise transactions in this Form 4 filing.
NATURAL GAS SERVICES GROUP INC reported an equity compensation award for its Chief Financial Officer, Ian M. Eckert. He received 10,506 Restricted Stock Units (RSUs), each representing the right to receive one share of common stock upon vesting without payment.
The award vests in one-third annual increments beginning on March 12, 2027, assuming his continuous service, with potential accelerated vesting under certain circumstances. As of this filing, he also holds 1,764 shares of common stock and 5,063 RSUs directly, indicating this is a routine, non‑market grant rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,506 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Not Applicable. Each RSU represents the right to receive one share of Common Stock upon vesting without payment.
- F2. Not Applicable. The acquisition reflects an award of Restricted Stock Units pursuant to the Company's 2019 Equity Incentive Plan. The award vests in one-third annual increments beginning on March 12, 2027, assuming continuous service by the Reporting Person during each vesting increment, subject to accelerated vesting under certain circumstances.
- F3. Not Applicable. Each RSU represents the right to receive one share of Company common stock upon vesting without payment.
FAQ
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What did NGS disclose about its CFO’s recent equity award?
How do the new RSUs for the NGS CFO vest over time?
What are the NGS CFO’s reported holdings after this Form 4 filing?
Is the NGS CFO’s RSU grant an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.