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

DeWayne Williams, VP & Controller of NCS Multistage Holdings, reports the vesting and settlement of equivalent stock units and shares surrendered for tax obligations.

Summary

• On February 28, 2024, DeWayne Williams, VP & Controller of NCS Multistage Holdings, engaged in transactions involving common stock and equivalent stock units.
• 1,871 equivalent stock units vested and were settled for cash.
• 1,871 shares were disposed of to cover tax obligations at a price of $14.9.
• 365 shares were surrendered to satisfy tax obligations related to the vesting of restricted stock units at a price of $14.9.
• Following these transactions, Williams directly owns 3,042 shares of common stock and 2,864 equivalent stock units.
• The remaining equivalent stock units vest in installments beginning on February 28, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

Remaining restricted stock units and equivalent stock units will continue to vest in future periods.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the transactions of company executives and directors.

Key Dates