NGS director gains shares via dividend reinvestment
NATURAL GAS SERVICES GROUP INC director Stephen Charles Taylor reported additional share accruals rather than an open-market trade.
Rhea-AI Filing Summary
NATURAL GAS SERVICES GROUP INC director Stephen Charles Taylor reported additional share accruals rather than an open-market trade. On the reported date, a deferred compensation account associated with Taylor acquired 334 shares of Common Stock at $42.42 per share through reinvested cash dividends under a deferred compensation plan, held indirectly in a Rabbi Trust.
Following these transactions, Taylor holds 197,818 shares of Common Stock directly and 95,137 shares indirectly through the Rabbi Trust. The filing reflects routine compensation-related dividend reinvestment, not a discretionary market purchase or sale.
Positive
- None.
Negative
- None.
Insights
Small, routine dividend reinvestment in a deferred compensation plan.
The filing shows Stephen Charles Taylor gaining 334 Common Stock shares via dividend reinvestment in a deferred compensation plan, held indirectly in a Rabbi Trust. This is coded as an A transaction, a grant/award-type acquisition rather than an open-market buy.
After the update, Taylor’s position stands at 197,818 shares held directly and 95,137 shares held indirectly. Given the small incremental amount and automatic, plan-based nature, this looks like routine compensation administration with limited signaling value for the company’s equity outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 334 | $42.42 | $14K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Shares acquired through reinvestment of cash dividends pursuant to the terms of the deferred compensation plan.
Key Figures
Key Terms
Rabbi Trust financial
deferred compensation plan financial
Common Stock financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NGS director Stephen Charles Taylor report?
Was the NGS Form 4 transaction an open-market buy or routine plan activity?
How are Stephen Charles Taylor’s indirect NGS holdings structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.