Form 4: Nine Energy Service Director Curtis F. Harrell Acquires Restricted Stock

Director Curtis F. Harrell acquired 48,077 shares of restricted stock in Nine Energy Service, Inc. on May 7, 2024, which will vest on May 7, 2025.

Summary

• On May 7, 2024, Curtis F. Harrell, a director of Nine Energy Service, Inc., acquired 48,077 shares of common stock.
• These shares were acquired as restricted stock with a vesting date of May 7, 2025.
• The transaction resulted in Mr. Harrell directly owning 95,363 shares of common stock following the reported transaction.
• Mr. Harrell also indirectly owns 37,318 shares through Harrell Ventures, LLC, of which he is the sole member.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction by a company director. The acquisition of stock could be seen as a positive signal, but it's not definitively bullish.

Positives

• The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates