Form 4: Nine Energy Service Executive Sells Shares to Cover Tax Obligations, Receives Restricted Stock Award

Theodore R. Moore, Executive Vice President and General Counsel of Nine Energy Service, sold shares to cover tax obligations related to vesting restricted stock and received an additional restricted stock award.

Summary

• Theodore R. Moore, an executive at Nine Energy Service, sold 9,035 shares of common stock on May 7, 2025, at a price of $0.649 per share.
• This sale was to cover tax withholding obligations related to the vesting of a time-based restricted stock award granted on May 7, 2024.
• Moore also acquired 50,000 shares of restricted stock on May 8, 2025, at a price of $0.
• These restricted shares will vest in three equal annual installments starting on the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transactions are routine and related to executive compensation and tax obligations.

Positives

• The acquisition of 50,000 restricted shares indicates continued alignment of the executive's interests with the company's long-term performance.

Future Outlook

The vesting schedule of the restricted stock award suggests a three-year commitment from the executive.

Industry Context

Executive stock transactions are common and often related to compensation and tax planning. The vesting schedule aligns executive compensation with long-term company performance.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Nine Energy Service, NINE, Theodore R. Moore, Executive Vice President, General Counsel, Form 4, Stock Sale, Restricted Stock, Vesting, Tax Obligations, Beneficial Ownership