Form 4: Nine Energy Service Director Ann G. Fox Reports Stock Sale and Acquisition

Director and CEO Ann G. Fox sold shares to cover tax obligations and acquired restricted stock in Nine Energy Service, Inc.

Summary

• On May 7, 2025, Ann G. Fox, a director and the CEO of Nine Energy Service, Inc., sold 22,624 shares of common stock at a price of $0.649 per share to cover tax obligations related to vesting restricted stock.
• Following this transaction, Ms. Fox directly owned 527,090 shares of common stock.
• On May 8, 2025, Ms. Fox acquired 135,000 shares of restricted stock.
• After this acquisition, Ms. Fox directly owned 662,090 shares of common stock.
• The restricted stock will vest in three equal annual installments starting on May 7, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transactions involve both a sale for tax purposes and an acquisition of restricted stock, indicating continued investment in the company.

Positives

• The acquisition of 135,000 shares of restricted stock indicates continued alignment of the CEO's interests with the company's long-term performance.

Negatives

• The sale of 22,624 shares, even for tax purposes, could be perceived negatively by some investors, although it is a common practice.

Future Outlook

The vesting schedule of the restricted stock suggests a multi-year commitment from the CEO.

Industry Context

Insider transactions are closely watched in the energy sector to gauge management's confidence in the company's prospects.

Comparison to Industry Standards

• It is common for executives in publicly traded companies, including those in the energy sector like Halliburton or Schlumberger, to receive and trade restricted stock as part of their compensation packages.
• The vesting schedule of three years is a fairly standard practice to incentivize long-term performance.

Stakeholder Impact

• Shareholders may view the transactions as a routine part of executive compensation.
• Employees may see the vesting of restricted stock as a positive sign of company stability.

Key Dates

Keywords

Nine Energy Service, Ann G. Fox, stock sale, restricted stock, Form 4, insider trading, beneficial ownership