Form 4: Nine Energy Service Director Acquires 35,000 Shares of Restricted Stock
SEC Form 4 Filing
Darryl Keith Willis, a director at Nine Energy Service, acquired 35,000 shares of restricted stock on May 8, 2025, which will vest on May 8, 2026.
Summary
- On May 8, 2025, Darryl Keith Willis, a director of Nine Energy Service, Inc., acquired 35,000 shares of common stock.
- These shares were acquired as restricted stock.
- The restricted stock will vest on May 8, 2026, which is the first anniversary of the grant date.
- Following the transaction, Willis directly owns 108,409 shares of Nine Energy Service, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- Shareholders are informed about the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Darryl Keith Willis acquired 35,000 shares of restricted stock. |
| 05/08/2026 | Vesting date of the restricted stock: The 35,000 shares will vest on this date. |
Keywords
Nine Energy Service, Director, Stock Acquisition, Restricted Stock, Beneficial Ownership, Form 4, NINE
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