Form 4: Nine Energy Service Executive Theodore R. Moore Reports Stock Sale

Theodore R. Moore, Senior Vice President, General Counsel, and Secretary of Nine Energy Service, Inc., reported selling 12,130 shares of common stock on May 9, 2024.

Summary

• Theodore R. Moore, an officer of Nine Energy Service, Inc., filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on May 9, 2024.
• Moore sold 12,130 shares of common stock at a price of $2 per share.
• Following the transaction, Moore directly owns 206,453 shares of Nine Energy Service, Inc.
• The filing was signed on May 10, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, which can be of interest to investors.

Stakeholder Impact

• The stock sale by a company officer may be perceived by shareholders as a lack of confidence in the company's future performance, potentially leading to a slight decrease in stock value.

Key Dates