Form 4: Nine Energy Service Executive Sells Shares

David Crombie, Executive Vice President and Chief Operating Officer of Nine Energy Service, Inc., sold 20,857 shares of common stock at an average price of $0.622 on May 15, 2025.

Summary

• On May 15, 2025, David Crombie, an Executive Vice President and Chief Operating Officer at Nine Energy Service, Inc. (NINE), sold 20,857 shares of the company's common stock.
• The shares were sold at a weighted average price of $0.622.
• The sales occurred in multiple transactions with prices ranging from $0.620 to $0.625.
• Following the reported transaction, Crombie still beneficially owns 219,996 shares of Nine Energy Service, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing indicates a transaction by a company insider, which is a common occurrence. Investors often monitor such filings for insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• The stock sale by a company executive could be perceived differently by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a personal financial decision.

Key Dates

Keywords

Nine Energy Service, NINE, David Crombie, stock sale, Executive Vice President, Chief Operating Officer, Form 4, beneficial ownership, securities