Nine Energy (NINE) CEO Ann Fox Shares Cancelled

What Happened Ann G. Fox, President, Chief Executive Officer and Director of Nine Energy Service, Inc. (NINE), reported a disposition to the issuer of 373,795 shares of common stock on March 4, 2026. The shares were cancelled for no consideration (price $0.00), resulting in a reported transaction value of $0. This was not an open‑market sale — the shares were eliminated as part of the company's Chapter 11 emergence.

Key Details

• Transaction date: 2026-03-04; Filing date (Form 4): 2026-03-06. Filing appears timely.
• Transaction type/code: Disposition to issuer (D). Price per share: $0.00. Total proceeds: $0.
• Shares affected: 373,795 common shares cancelled.
• Shares owned after transaction: reported common stock holdings reduced to zero (shares cancelled).
• Footnote: Per filer, all of the issuer's common stock were cancelled for no consideration in connection with Nine Energy’s emergence from Chapter 11 (see F1).

Context This was a corporate restructuring event (share cancellation in a bankruptcy reorganization), not a typical insider sale or purchase. Such cancellations remove prior common equity rather than signaling buying or selling intent by the insider. For investors, this means previous common shares were wiped out as part of the company’s emergence from bankruptcy.