NATURAL GAS SERVICES (NGS) director gains 4,456 shares from RSU vesting
Rhea-AI Filing Summary
NATURAL GAS SERVICES GROUP director Jean K. Holley received 4,456 shares of common stock on the vesting of a restricted stock unit (RSU) award. The RSUs converted on a one-for-one basis into common shares at no cash cost. Following this compensation-related grant and RSU conversion, Holley directly holds 18,846 shares of NATURAL GAS SERVICES GROUP common stock. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,456 shares exercised/converted
Mixed
2 txns
Insider
HOLLEY JEAN K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,456 | $0.00 | -- |
| Grant/Award | Common Stock | 4,456 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 18,846 shares (Direct)
Footnotes (1)
- Not applicable. The reported shares were acquired in connection with the vesting of a restricted stock unit (RSU) award. Not applicable. Each RSU represented the right to receive one share of the Issuer's common stock upon vesting (or upon election by the reporting person, up to 50% of the RSUs in cash).
Key Figures
RSU shares vested: 4,456 shares
Grant price: $0.0000 per share
Shares after transaction: 18,846 shares
+1 more
4 metrics
RSU shares vested
4,456 shares
Restricted stock unit award converted to common stock
Grant price
$0.0000 per share
Reported transaction price for vested RSU shares
Shares after transaction
18,846 shares
Director’s direct common stock holdings following RSU vesting
RSUs exercised
4,456 units
Restricted stock units converted into common stock
Key Terms
Restricted Stock Units, vesting, derivative security
3 terms
Restricted Stock Units financial
"The reported shares were acquired in connection with the vesting of a restricted stock unit (RSU) award."
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.
vesting financial
"The reported shares were acquired in connection with the vesting of a restricted stock unit (RSU) award."
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NGS director Jean K. Holley report?
Jean K. Holley reported acquiring 4,456 shares of NATURAL GAS SERVICES GROUP common stock through the vesting of a restricted stock unit (RSU) award. This was a compensation-related grant, not an open-market purchase or sale, and increased her direct share ownership.
What happened to the 4,456 NGS restricted stock units reported in the filing?
The 4,456 restricted stock units were exercised and converted into 4,456 shares of NATURAL GAS SERVICES GROUP common stock. Each RSU represented the right to receive one share upon vesting, and this filing shows that the RSU position was fully converted with no RSUs remaining.