Form 4: NCS Multistage Holdings COO Tim Willems Reports Stock Transactions

Chief Operations Officer Tim Willems of NCS Multistage Holdings reports the vesting and settlement of equivalent stock units, along with the acquisition of additional stock units.

Summary

• On February 28, 2025, Tim Willems, the Chief Operations Officer of NCS Multistage Holdings, had 6,552 equivalent stock units vest and settle for cash.
• Also on February 28, 2025, 6,552 common stock were disposed of to cover taxes at a price of $26.93.
• An additional 409 shares were disposed of at $26.93.
• On March 4, 2025, Willems acquired 3,262 shares of common stock.
• Following these transactions, Willems directly owns 23,047 shares of common stock and 13,006 equivalent stock units.
• Some of the remaining restricted stock units and equivalent stock units vest in future years.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information. The sentiment is neutral to slightly positive due to the executive's continued investment in the company.

Positives

• The acquisition of 3,262 shares of common stock on March 4, 2025, indicates a continued investment in the company by the COO.

Future Outlook

Future vesting dates for restricted stock units and equivalent stock units are set for February 28, 2026, and subsequent years.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.

Stakeholder Impact

• Shareholders are informed about insider transactions, which can influence investor confidence.

Key Dates

Keywords

NCS Multistage Holdings, Tim Willems, stock units, Form 4, COO, common stock, vesting, settlement, acquisition