Nigel Jenvey of NATURAL GAS SERVICES (NGS) receives 3,521 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jenvey Nigel reported acquisition or exercise transactions in this Form 4 filing.
NATURAL GAS SERVICES GROUP INC director Nigel Jenvey reported a new equity award. He received 3,521 Restricted Stock Units, each representing one share of common stock upon vesting. The award was granted under the Company’s 2019 Equity Incentive Plan and vests on the first anniversary of the grant date, subject to possible accelerated vesting in certain circumstances.
Following these transactions, Jenvey holds 26,239 shares of common stock directly, along with the 3,521 RSUs reported in this filing. This Form 4 reflects routine, compensation-related equity grants rather than open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jenvey Nigel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,521 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,521 shares (Direct);
Common Stock — 26,239 shares (Direct)
Footnotes (1)
- Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting. 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 size: 3,521 units
RSU to share ratio: 1 RSU : 1 share
Common stock holdings: 26,239 shares
3 metrics
RSU grant size
3,521 units
Restricted Stock Units granted to Nigel Jenvey on June 10, 2026
RSU to share ratio
1 RSU : 1 share
Each Restricted Stock Unit represents one share of common stock upon vesting
Common stock holdings
26,239 shares
Shares of NGS common stock held directly following the reported transactions
Key Terms
Restricted Stock Units, 2019 Equity Incentive Plan, vesting, Form 4
4 terms
Restricted Stock Units financial
"He received 3,521 Restricted Stock Units, 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.
2019 Equity Incentive Plan financial
"The acquisition reflects an award of Restricted Stock Units pursuant to the Company's 2019 Equity Incentive Plan."
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.
Form 4 regulatory
"This Form 4 reflects routine, compensation-related equity grants rather than open‑market purchases or sales."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Nigel Jenvey report for NATURAL GAS SERVICES GROUP INC (NGS)?
Nigel Jenvey reported receiving 3,521 Restricted Stock Units as an equity award. These units were granted under the company’s 2019 Equity Incentive Plan and are a form of stock-based compensation, not an open-market stock purchase or sale.
How many Restricted Stock Units did Nigel Jenvey receive from NGS and what do they represent?
Nigel Jenvey received 3,521 Restricted Stock Units from NGS. Each RSU represents the right to receive one share of the company’s common stock upon vesting, providing stock-based compensation aligned with shareholder interests over time.
When do Nigel Jenvey’s 3,521 NGS Restricted Stock Units vest?
The 3,521 Restricted Stock Units granted to Nigel Jenvey vest on the first anniversary of the grant date. Vesting can accelerate under certain circumstances, as described in the company’s 2019 Equity Incentive Plan and related award terms.
Are Nigel Jenvey’s NGS Restricted Stock Units an open-market purchase or sale?
The 3,521 Restricted Stock Units are not an open-market transaction. They are a grant or award of equity compensation under NGS’s 2019 Equity Incentive Plan, reported with transaction code “A” for an acquisition by award or grant.
What plan governs the NGS Restricted Stock Unit award to Nigel Jenvey?
The Restricted Stock Unit award to Nigel Jenvey is granted under NATURAL GAS SERVICES GROUP INC’s 2019 Equity Incentive Plan. This plan provides for equity-based compensation, including RSUs that vest over time and convert into common stock upon vesting.