Form 4: Nine Energy Service Executive Vice President Sells 35,380 Shares

Nine Energy Service's Executive Vice President and Chief Financial Officer, Guy Sirkes, sold 35,380 shares of common stock at an average price of $1.672 per share.

Summary

• Guy Sirkes, Executive Vice President and Chief Financial Officer of Nine Energy Service, Inc., sold 35,380 shares of common stock on December 3, 2024.
• The shares were sold at a weighted average price of $1.672 per share.
• The sale was executed in multiple transactions with prices ranging from $1.670 to $1.690.
• Following the transaction, Mr. Sirkes beneficially owns 156,966 shares of Nine Energy Service common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a routine event. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by executives at companies like Halliburton, Schlumberger, and Baker Hughes when they trade their company's stock.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or other stakeholders.

Key Dates

Keywords

Nine Energy Service, insider trading, stock sale, executive, common stock, Guy Sirkes, Form 4