---
schema_version: "secwatch.filing_event.v1"
accession: "0001084991-24-000008"
form_type: "8-K"
ticker: "NGS"
cik: "0001084991"
company_name: "NATURAL GAS SERVICES GROUP INC"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T10:37:41.801323+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Natural Gas Services Group names Justin Jacobs as CEO, effective Feb 12, 2024

## Summary
- Justin Jacobs appointed CEO; base salary $525K, signing bonus $30K cash plus $100K PSU.
- Chairman Stephen Taylor retires as interim CEO but remains Chairman for 6-month transition.
- Jacobs previously Managing Director at Mill Road Capital; former Blackstone private equity professional.
- Annual target bonus 100% of base salary; annual equity awards of RSU and PSU each at 100% of base.

## SEC filing metadata
- accession: 0001084991-24-000008
- form_type: 8-K
- ticker: NGS
- cik: 0001084991
- company_name: NATURAL GAS SERVICES GROUP INC
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000008/0001084991-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000008/ngs-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084991-24-000008
- JSON: https://secwatch.observer/filing/0001084991-24-000008.json
- Plain text: https://secwatch.observer/filing/0001084991-24-000008.txt

## Key facts
- Executive change
  Justin C. Jacobs was appointed as Chief Executive Officer at NATURAL GAS SERVICES GROUP INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On January 29, 2024, the Company entered into an employment agreement (the “ Employment Agreement ”) with Justin C. Jacobs, age 49, pursuant to which Mr. Jacobs was appointed Chief Executive Officer of the Company, effective February 12, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000008/0001084991-24-000008-index.htm
- Executive change
  Stephen C. Taylor retired as Interim Chief Executive Officer at NATURAL GAS SERVICES GROUP INC.
  - Action: retired
  - Role: Interim Chief Executive Officer
  source text: Stephen C. Taylor, the Company’s Interim Chief Executive Officer, will retire although he will provide certain transition services
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000008/0001084991-24-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.