Form 4: NCS Multistage Holdings VP & Controller Reports Stock Transactions

DeWayne Williams, VP & Controller of NCS Multistage Holdings, reports transactions involving common stock and equivalent stock units, including vesting, settlement for cash, and shares surrendered for tax obligations.

Summary

• DeWayne Williams, VP & Controller 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 4,226 shares.
• Also on February 28, 2025, 4,226 shares were disposed of at a price of $26.93 to cover tax obligations.
• An additional 270 shares were disposed of at $26.93 to satisfy tax obligations related to the vesting of restricted stock units.
• On March 4, 2025, 1,770 shares were acquired.
• Following these transactions, Williams directly owns 4,542 shares of common stock and 8,368 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 neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

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

Key Dates