Form 4: Nine Energy Service CFO, Guy Sirkes, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Guy Sirkes, CFO of Nine Energy Service, reports acquisition of restricted stock and a transfer of common stock to an ex-spouse.
Summary
- On May 7, 2024, Guy Sirkes, the Senior Vice President and CFO of Nine Energy Service, Inc., reported changes in his beneficial ownership of the company's stock.
- He acquired 108,617 shares of restricted stock, which will vest in three equal annual installments.
- Sirkes also reported a transfer of 842 shares of common stock to his ex-spouse since his last ownership report.
- Following these transactions, Sirkes beneficially owns 221,784 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment. It reflects routine transactions and doesn't inherently suggest positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and personal financial matters, and doesn't necessarily reflect a strategic shift for Nine Energy Service.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholders due to the increased number of vested shares over time.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of transaction: acquisition of restricted stock and transfer of common stock. |
| 05/09/2024 | Date of signature on the Form 4 filing. |
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