Director at NATURAL GAS SERVICES GROUP (NGS) sells 100,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NATURAL GAS SERVICES GROUP INC director Stephen Charles Taylor reported open-market sales of company common stock. He sold 100,000 shares in total, including 70,000 shares at a weighted-average price of $37.5846 on one day and 30,000 shares at a weighted-average price of $37.2253 on the next day.
After these transactions, he directly owns 175,432 shares of common stock and holds an additional 114,961 shares indirectly through a Rabbi Trust, along with 4,456 Restricted Stock Units, each representing the right to receive one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares ($3,747,681)
Net Sell
4 txns
Insider
Taylor Stephen Charles
Role
Director
Sold
100,000 shs ($3.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $37.2253 | $1.12M |
| Sale | Common Stock | 70,000 | $37.5846 | $2.63M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 175,432 shares (Direct);
Restricted Stock Units — 4,456 shares (Direct);
Common Stock — 114,961 shares (Indirect, Rabbi Trust)
Footnotes (1)
- The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $37.30 to $38.5596 inclusive. The reporting person undertakes to provide to NGS, any security holder of NGS, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $37.1538 to $37.3455 inclusive. The reporting person undertakes to provide to NGS, any security holder of NGS, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting.
FAQ
What insider transaction did NGS director Stephen Charles Taylor report?
Stephen Charles Taylor reported open-market sales of NATURAL GAS SERVICES GROUP INC common stock totaling 100,000 shares. These sales were executed over two days at weighted-average prices in the high-$37 range, as disclosed in the Form 4 filing’s transaction details and footnotes.
What do the Restricted Stock Units reported by Stephen Charles Taylor represent?
The filing shows 4,456 Restricted Stock Units, with a footnote stating each unit represents the right to receive one share of NGS common stock upon vesting. These are not current shares but potential future shares delivered when vesting conditions are satisfied.