Form 4: Nine Energy Service Director Acquires Shares of Restricted Stock
SEC Form 4 Filing
Mark E. Baldwin, a director at Nine Energy Service, acquired 8,750 shares of restricted stock on May 8, 2025, which will vest on August 1, 2025.
Summary
- On May 8, 2025, Mark E. Baldwin, a director of Nine Energy Service, Inc., acquired 8,750 shares of common stock.
- The acquisition was a grant of restricted stock, with the shares priced at $0.
- These shares will vest on August 1, 2025.
- Following the transaction, Baldwin's total beneficial ownership in Nine Energy Service is 113,524 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock acquisition. The vesting period suggests a long-term commitment.
Positives
- A director increasing their stake in the company can be seen as a positive signal.
Industry Context
Insider transactions are common and closely monitored in the energy sector to gauge management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Mark E. Baldwin acquired 8,750 shares of restricted stock. |
| 05/09/2025 | Date of Form 4 filing. |
| 08/01/2025 | Vesting date for the 8,750 shares of restricted stock. |
Keywords
Nine Energy Service, Director, Stock Acquisition, Restricted Stock, Beneficial Ownership, Form 4, NINE
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