MICHAEL L. MORRISON - 28 Feb 2026 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Signature
/s/ Ori Lev, attorney-in-fact
Issuer symbol
NCSM
Transactions as of
28 Feb 2026
Net transactions value
-$291,160
Form type
4
Filing time
03 Mar 2026, 17:20:39 UTC
Previous filing
03 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MORRISON MICHAEL L CFO & Treasurer C/O NCS MULTISTAGE HOLDINGS, INC., 19350 STATE HIGHWAY 249, SUITE 600, HOUSTON /s/ Ori Lev, attorney-in-fact 03 Mar 2026 0001228756

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCSM Common Stock Options Exercise $0 +4,972 +66% $0.000000 12,451 28 Feb 2026 Direct F1
transaction NCSM Common Stock Tax liability $198,084 -4,972 -40% $39.84 7,479 28 Feb 2026 Direct F1
transaction NCSM Common Stock Disposed to Issuer $10,438 -262 -3.5% $39.84 7,217 28 Feb 2026 Direct F2
transaction NCSM Common Stock Award $0 +7,996 +111% $0.000000 15,213 02 Mar 2026 Direct
transaction NCSM Common Stock Disposed to Issuer $82,638 -2,019 -13% $40.93 13,194 02 Mar 2026 Direct F3
transaction NCSM Common Stock Award $0 +2,463 +19% $0.000000 15,657 03 Mar 2026 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NCSM Equivalent Stock Units Options Exercise $0 -4,972 -45% $0.000000 6,043 28 Feb 2026 Common Stock 4,972 Direct F1, F5, F6
transaction NCSM Equivalent Stock Units Award $0 +2,463 +41% $0.000000 8,506 03 Mar 2026 Common Stock 2,463 Direct F5, F7
transaction NCSM Performance Stock Units Award $0 +4,978 $0.000000 4,978 03 Mar 2026 Common Stock 4,978 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Equivalent stock units vested on February 28, 2026 and settled for cash.
F2 These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
F3 These shares were surrendered to satisfy the tax obligations related to the vesting of performance stock units.
F4 Includes 2,145 restricted stock units which vest in two equal annual installments beginning on February 28, 2027 and 2,463 restricted stock units which vest in three equal annual installments beginning on February 28, 2027.
F5 These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee.
F6 The number of derivative securities reported in column 9 represents 3,898 equivalent stock units which vest on February 28, 2027 and 2,145 equivalent stock units which vest in two equal annual installments beginning on February 28, 2027.
F7 The number of derivative securities reported in column 9 represents 3,898 equivalent stock units which vest on February 28, 2027, 2,145 equivalent stock units which vest in two equal annual installments beginning on February 28, 2027 and 2,463 equivalent stock units which vest in three equal annual installments beginning on February 28, 2027.
F8 These performance stock units represent a contingent right to receive common stock, based on the Issuer's relative total shareholder return versus that of its peer group, subject to an absolute total shareholder return modifier. Each performance stock unit will settle for between zero and 1.25 shares of common stock in the first quarter of 2029, based on achievement of the performance measures over a three-year period, following certification by the Compensation, Nominating and Governance Committee of the performance results.