Form 4: Nine Energy Service Executive Theodore R. Moore Sells Shares
SEC Form 4 Filing
Theodore R. Moore, Senior Vice President, General Counsel and Secretary of Nine Energy Service, Inc., sold 26,776 shares of common stock at an average price of $0.971 on November 5, 2024.
Summary
- On November 5, 2024, Theodore R. Moore, a Senior Vice President, General Counsel, and Secretary at Nine Energy Service, Inc., sold 26,776 shares of the company's common stock.
- The shares were sold at a weighted average price of $0.971.
- The prices for individual transactions ranged from $0.943 to $1.003.
- Following the transaction, Moore directly owns 154,160 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 about the company's performance or future prospects.
Industry Context
Executive stock sales are a common occurrence and are publicly disclosed to ensure transparency. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial reasons.
Stakeholder Impact
- The stock sale by an executive could potentially have a minor short-term impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Date of the stock sale transaction. |
| 11/07/2024 | Date of signature on the Form 4 filing. |
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