Form 4: Director Patrick J. Bartels Jr. Receives NINE Stock Grant

Nine Energy Service, Inc. director Patrick J. Bartels Jr. was granted 27,778 restricted stock units as part of his compensation.

Summary

• Director Patrick J. Bartels Jr. acquired 27,778 restricted stock units (RSUs) of Nine Energy Service, Inc. (NINE).
• The transaction occurred on May 18, 2026, at a price of $0.00 per share.
• The RSUs are subject to time-based vesting scheduled for June 30, 2027.
• Accelerated vesting applies if the director is not re-elected at the next annual meeting of stockholders.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding routine director compensation.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified; this is a standard equity grant for a board member.

Risks

• Vesting is contingent upon continued service, creating a dependency on the director's ongoing tenure.

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 practice in the energy services sector to ensure long-term alignment with corporate performance and shareholder value.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard corporate governance practices for publicly traded energy companies like Nine Energy Service.
• The vesting schedule and acceleration clauses are typical for director compensation packages in the U.S. oilfield services industry.

Stakeholder Impact

• Shareholders may view the equity grant as a positive alignment of director incentives with company performance.

Next Steps

• Vesting of the 27,778 restricted stock units on June 30, 2027.

Key Dates

Keywords

Nine Energy Service, NINE, Form 4, Insider Trading, Restricted Stock Units, Director Compensation