Form 4: Nine Energy Service Executive Vice President David Crombie Sells Shares

David Crombie, Executive Vice President and Chief Operating Officer of Nine Energy Service, sold 21,371 shares of common stock at an average price of $1.43 on August 8, 2024.

Summary

• On August 8, 2024, David Crombie, Executive Vice President and Chief Operating Officer of Nine Energy Service, sold 21,371 shares of common stock.
• The shares were sold at a weighted average price of $1.43.
• The price range for the sales was between $1.41 and $1.50.
• Following the transaction, Crombie directly owns 304,119 shares of Nine Energy Service common stock.

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 the sale itself could be interpreted in various ways by the market.

Industry Context

This Form 4 filing indicates a change in the holdings of a company insider, which is a common occurrence. Investors often monitor these filings for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The stock sale by a company executive could influence investor sentiment.

Key Dates