Form 4: Nine Energy Service Director Sells Shares to Cover Tax Obligations

Ann G. Fox, a director and officer of Nine Energy Service, Inc., sold 10,326 shares of common stock to cover tax withholding obligations related to the vesting of a restricted stock award.

Summary

• On May 9, 2025, Ann G. Fox, a director and officer of Nine Energy Service, Inc., sold 10,326 shares of common stock.
• The sale was executed at a price of $0.678 per share.
• This transaction was a non-discretionary sale to satisfy tax withholding obligations related to the vesting of a time-based restricted stock award granted on May 9, 2023.
• Following the transaction, Fox directly owns 651,764 shares of Nine Energy Service, Inc. common stock.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (stock sale for tax obligations) by a company director. It doesn't indicate any significant positive or negative sentiment towards the company's prospects.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and directors. This transaction is a routine part of executive compensation and does not necessarily indicate a change in the executive's confidence in the company.

Key Dates

Keywords

Form 4, Nine Energy Service, Ann G. Fox, Stock Sale, Tax Obligations, Restricted Stock, Beneficial Ownership, Director, Officer