---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-23-000439"
form_type: "8-K"
ticker: "NCSM"
cik: "0001692427"
company_name: "NCS Multistage Holdings, Inc."
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T12:52:36.883726+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NCS settles $40.8M Texas litigation; insurance pays, no cash outflow

## Summary
- Settled Boyd & McWilliams Texas matter; insurance carrier pays all agreed-upon amounts; no cash payment by NCS.
- As of Sep 30, 2023, NCS had accrued $40.8M litigation provision; expects to fully offset in Q4 2023 with settlement benefit.
- Wyoming property damage litigation also settled in Aug 2023, fully paid by insurance; no outstanding property damage claims.

## SEC filing metadata
- accession: 0001562762-23-000439
- form_type: 8-K
- ticker: NCSM
- cik: 0001692427
- company_name: NCS Multistage Holdings, Inc.
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692427/000156276223000439/0001562762-23-000439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692427/000156276223000439/ncsm-20231213x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-23-000439
- JSON: https://secwatch.observer/filing/0001562762-23-000439.json
- Plain text: https://secwatch.observer/filing/0001562762-23-000439.txt

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