Form 4: NCS Multistage Holdings CEO Ryan Hummer Reports Stock Transactions

CEO Ryan Hummer of NCS Multistage Holdings reports the vesting and settlement of equivalent stock units, along with transactions to cover tax obligations.

Summary

• On November 1, 2024, Ryan Hummer, CEO of NCS Multistage Holdings, reported transactions involving common stock and equivalent stock units.
• 4,227 equivalent stock units vested and were settled for cash.
• 4,227 shares were disposed of to cover tax obligations at a price of $18.54.
• 1,030 shares were surrendered to satisfy tax obligations related to the vesting of restricted stock units at a price of $18.54.
• Following these transactions, Hummer directly owns 27,381 shares of common stock, which includes 854 restricted stock units vesting on February 28, 2025, and 4,226 restricted stock units vesting on November 1, 2025.
• Hummer also holds 28,472 equivalent stock units, including units vesting on February 28, 2025, November 1, 2025, and in three equal annual installments beginning February 28, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.

Future Outlook

The document indicates future vesting dates for restricted stock units and equivalent stock units in 2025 and beyond.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It doesn't necessarily indicate a broader industry trend but reflects individual compensation and tax planning.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership, but the overall effect is likely minimal.

Key Dates