Form 4: Nine Energy Service CEO Ann G. Fox Sells Shares
SEC Form 4 Filing
Ann G. Fox, CEO of Nine Energy Service, sold 216,704 shares of common stock at an average price of $2.17 on March 12, 2024.
Summary
- On March 12, 2024, Ann G. Fox, the President, Chief Executive Officer, and Director of Nine Energy Service, Inc. sold 216,704 shares of common stock.
- The shares were sold at a weighted average price of $2.17.
- The prices for individual transactions ranged from $2.08 to $2.31.
- Following the transaction, Fox directly owns 508,783 shares of Nine Energy Service, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may react based on their interpretation of the sale.
Industry Context
Executive stock sales are common and can be for various reasons, including diversification, tax planning, or personal expenses. It's important to consider the overall context and whether other executives are also selling shares.
Stakeholder Impact
- Shareholders may react to the news of the CEO's stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of the stock sale transaction. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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