NGS director granted 3,009 restricted stock units
Gallegos John A. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gallegos John A. Jr. reported acquisition or exercise transactions in this Form 4 filing.
NATURAL GAS SERVICES GROUP INC director John A. Gallegos Jr. reported a compensation-related equity award. He received 3,009 Restricted Stock Units (RSUs), each representing one share of common stock upon vesting, granted under the company’s 2019 Equity Incentive Plan and vesting on the first anniversary of the grant date.
After this filing, he holds 5,345 shares of common stock directly and 3,009 RSUs. The Form 4 shows no open-market purchases or sales, only this grant and an updated common stock holding line.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,009 shares
Grant/Award
2 txns
Insider
Gallegos John A. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,009 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,009 contracts (Direct);
Common Stock — 5,345 shares (Direct)
Footnotes (2)
- F1. Not applicable. Each RSU represented the right to receive one share of the Issuer's common stock upon vesting.
- F2. 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
RSU grant: 3,009 RSUs
Underlying common stock: 3,009 shares
Common shares held: 5,345 shares
+2 more
5 metrics
RSU grant
3,009 RSUs
Grant of Restricted Stock Units on 2026-06-10
Underlying common stock
3,009 shares
Common stock underlying RSUs
Common shares held
5,345 shares
Direct common stock holdings after transactions
RSU vesting schedule
1-year vesting
Vests on first anniversary of grant date
RSU grant price
$0.0000 per unit
Compensation award, not open-market purchase
Key Terms
Restricted Stock Units, Equity Incentive Plan, vesting, underlying security
4 terms
Restricted Stock Units financial
"He received 3,009 Restricted Stock Units (RSUs), each representing one share of 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.
Equity Incentive Plan financial
"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.
underlying security financial
"underlying security title: Common Stock, underlying security shares: 3009.0000"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did John A. Gallegos Jr. report in his Form 4 for NGS?
He reported receiving 3,009 Restricted Stock Units (RSUs) as an equity award under Natural Gas Services Group’s 2019 Equity Incentive Plan, plus his updated direct holding of 5,345 common shares following the reported transactions.
Is the NGS Form 4 transaction a buy or sell of common stock?
The Form 4 does not show any open-market buys or sells of common stock. It records a grant of 3,009 RSUs as compensation and a holding entry for 5,345 directly held shares of common stock.
How many Restricted Stock Units did the NGS director receive?
Director John A. Gallegos Jr. received 3,009 Restricted Stock Units. Each RSU represents the right to receive one share of Natural Gas Services Group common stock upon vesting, according to the footnotes to the Form 4 filing.
When do the new NGS RSUs reported by Gallegos vest?
The 3,009 RSUs vest on the first anniversary of the grant date. The footnotes state vesting may accelerate under certain circumstances, but the standard schedule is a single vesting event one year after the award date.
What are John A. Gallegos Jr.’s holdings after this NGS Form 4?
After the reported transactions, he holds 5,345 shares of NGS common stock directly and 3,009 RSUs. The RSUs convert into an equal number of common shares upon vesting, subject to the plan’s terms and conditions.
What plan governs the RSU award reported in the NGS Form 4?
The award of 3,009 RSUs was granted under the company’s 2019 Equity Incentive Plan. This plan authorizes equity-based compensation such as RSUs, with this grant vesting after one year, subject to possible accelerated vesting in certain cases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
