Form 4: Nine Energy CFO Heather Schmidt Receives Equity Grant

Nine Energy Service, Inc. CFO Heather Schmidt was granted 33,333 restricted stock units as part of a time-based compensation plan.

Summary

• CFO Heather Schmidt acquired 33,333 shares of common stock in the form of restricted stock units (RSUs).
• The transaction occurred on May 20, 2026.
• The shares were granted at a price of $0.00, representing equity-based compensation.
• Following this transaction, the reporting person's total beneficial ownership increased to 72,222 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which carries a neutral sentiment for investors.

Positives

• Alignment of executive interests with long-term shareholder value through equity-based compensation.
• Retention of key financial leadership via time-based vesting schedules.

Negatives

• Potential for future shareholder dilution upon the vesting and issuance of the underlying common stock.

Risks

• Vesting is contingent upon the reporting person's continued employment with the company.

Future Outlook

The RSUs will vest in three equal annual installments, beginning on the first anniversary of the vesting commencement date, provided the CFO remains employed by the company.

Management Comments

• The grant represents time-based restricted stock units subject to continued employment.

Industry Context

StockSavvy.ai notes that equity grants for C-suite executives in the energy services sector are standard practice for retention and performance alignment, particularly for companies navigating volatile commodity price environments.

Comparison to Industry Standards

• The use of time-based RSU vesting is consistent with standard corporate governance practices for mid-cap energy service firms.
• The grant size is commensurate with typical executive compensation packages for a CFO in the oilfield services industry.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual vesting and settlement of these units.

Next Steps

• Vesting of the first installment of the 33,333 RSUs on the first anniversary of the vesting commencement date.

Key Dates

Keywords

Nine Energy Service, NINE, Form 4, Insider Trading, Equity Compensation, CFO