Form 4: Nine Energy Service Executive Theodore R. Moore Reports Stock Sale
SEC Filing Form 4
Theodore R. Moore, Senior Vice President, General Counsel, and Secretary of Nine Energy Service, Inc., reported selling 11,822 shares of common stock on August 8, 2024.
Summary
- Theodore R. Moore, an officer of Nine Energy Service, Inc., filed a Form 4 with the SEC.
- On August 8, 2024, Moore sold 11,822 shares of common stock at a price of $1.54 per share.
- Following the transaction, Moore directly owns 190,719 shares of Nine Energy Service, Inc.
- The filing indicates that this transaction was not made pursuant to a contract, instruction, or written plan under Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of stock sale transaction |
| 08/09/2024 | Date of signature on the Form 4 filing |
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