Eckert Ian M 4

What Happened Ian M. Eckert, Chief Financial Officer of Natural Gas Services Group, Inc. (NGS), received an award of 10,506 restricted stock units (RSUs) on March 12, 2026. The award is recorded as a derivative acquisition at $0.00 (no cash paid at grant). The RSUs represent the right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (filed within the standard two-business-day reporting window).
• Award type/code: A (Grant/Award) — derivative (RSUs).
• Shares/units awarded: 10,506 RSUs; grant price: $0.00.
• Vesting: Vests in one‑third annual increments beginning March 12, 2027, subject to continued service and possible accelerated vesting under certain circumstances (per footnotes).
• RSU mechanics: Each RSU entitles the holder to one share upon vesting without additional payment.
• Shares owned after transaction: Not specified in the provided filing.

Context This was a compensation award (not an open‑market purchase or sale). RSU grants do not provide immediate share ownership or cash proceeds; value is realized only if and when RSUs vest and convert to shares (or other settlement per plan). Such grants are common as retention/compensation and do not by themselves indicate the insider’s market view.