Form 4: Nine Energy Service Director Acquires 35,000 Shares of Restricted Stock
SEC Form 4 Filing
Director Scott Schwinger acquired 35,000 shares of restricted stock in Nine Energy Service, Inc. on May 8, 2025.
Summary
- On May 8, 2025, Scott Schwinger, a director of Nine Energy Service, Inc., acquired 35,000 shares of common stock.
- The acquisition was in the form of restricted stock.
- The price per share was $0.
- Following the transaction, Schwinger beneficially owns 132,107 shares of Nine Energy Service, Inc.
- The restricted stock will vest on May 8, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. While insider buying can be seen as a positive signal, the document itself is simply a factual report.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the trading activities of company insiders, which can be informative for investors monitoring management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Scott Schwinger acquired 35,000 shares of restricted stock. |
| 05/09/2025 | Date of report signature. |
| 05/08/2026 | Vesting date for the 35,000 shares of restricted stock. |
Keywords
Nine Energy Service, Director, Stock Acquisition, Restricted Stock, Beneficial Ownership, Form 4, NINE
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