Form 4: Director Jerome D. Hall Jr. Receives NINE Stock Grant
Statement of Changes in Beneficial Ownership
Director Jerome D. Hall Jr. was granted 27,778 restricted stock units in Nine Energy Service, Inc. as part of his compensation.
Summary
- Director Jerome D. Hall Jr. acquired 27,778 shares of Nine Energy Service, Inc. (NINE) common stock.
- The transaction occurred on May 18, 2026, at a price of $0.00 per share.
- The shares represent time-based restricted stock units (RSUs).
- The RSUs are scheduled to vest on June 30, 2027, contingent upon continued service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified in this filing.
Risks
- Vesting is subject to continued service as a director.
- Potential for accelerated vesting if the director is not re-elected at the next annual meeting.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on director equity compensation.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between leadership and shareholder value in the energy services sector.
Comparison to Industry Standards
- The use of time-based restricted stock units for director compensation is consistent with standard practices for mid-cap energy service companies.
- The vesting schedule is typical for board-level equity incentive plans.
Stakeholder Impact
- Minor dilution impact on existing shareholders due to the issuance of new equity units.
Next Steps
- Vesting of restricted stock units on June 30, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/18/2026 | Date of the RSU grant transaction. |
| 05/20/2026 | Date the Form 4 was filed with the SEC. |
| 06/30/2027 | Scheduled vesting date for the restricted stock units. |
Keywords
Nine Energy Service, NINE, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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