Form 4: NCS Multistage Holdings Executive VP Ori Lev Reports Stock Transactions

Executive VP, GC, and Secretary Ori Lev of NCS Multistage Holdings reports the vesting and settlement of equivalent stock units, along with the acquisition of additional stock units.

Summary

• Ori Lev, Executive VP, GC, and Secretary of NCS Multistage Holdings, filed a Form 4 detailing changes in beneficial ownership.
• On February 28, 2025, equivalent stock units vested and were settled for cash, resulting in the disposition of 5,041 shares.
• 5,041 shares were disposed of to cover tax obligations at a price of $26.93.
• 309 shares were disposed of at $26.93.
• On March 4, 2025, Lev acquired 2,534 shares of common stock.
• Lev also acquired 2,534 equivalent stock units on March 4, 2025.
• Following these transactions, Lev directly owns 5,164 shares of common stock and 10,048 equivalent stock units.
• The equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, subject to a maximum payout established by the Compensation, Nominating and Governance Committee.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, common in publicly traded companies. It provides transparency into the executive's holdings and recent transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The vesting of stock units and subsequent cash settlement impacts the executive's compensation.

Key Dates