Form 4: NCS Multistage Holdings Director Robert Nipper Reports Stock Transactions
SEC Form 4
Director Robert Nipper reports transactions involving NCS Multistage Holdings, including the vesting and settlement of equivalent stock units and shares surrendered for tax obligations.
Summary
- Robert Nipper, a director of NCS Multistage Holdings, reported transactions on February 28, 2024.
- These transactions included the vesting and cash settlement of 3,409 equivalent stock units at a price of $0.
- Nipper also disposed of 3,409 shares at $14.9 to cover tax obligations.
- Additionally, 2,500 shares were surrendered to satisfy tax obligations related to the vesting of restricted stock units at $14.9.
- Following these transactions, Nipper directly owns 27,724 shares and indirectly owns 91,743 shares through a family limited partnership.
- Nipper also holds 1,785 restricted stock units which vest on February 28, 2025.
- He also holds 1,785 equivalent stock units which vest on February 28, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment. It's a routine regulatory filing.
Future Outlook
The report indicates that Robert Nipper holds 1,785 restricted stock units and 1,785 equivalent stock units that will vest on February 28, 2025.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key individual within NCS Multistage Holdings.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of earliest transaction: vesting and settlement of equivalent stock units, disposal of shares for tax obligations, and surrender of shares for tax obligations related to restricted stock units. |
| 02/28/2025 | Vesting date for 1,785 restricted stock units. |
| 02/28/2025 | Vesting date for 1,785 equivalent stock units. |
| 02/29/2024 | Date of signature for the report. |
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