Sirkes Guy 4
4 · Nine Energy Service, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Nine Energy (NINE) CFO Guy Sirkes Cancels 139,444 Shares
What Happened
Guy Sirkes (listed as Sirkes, Guy), Executive Vice President and Chief Financial Officer of Nine Energy Service, Inc. (NINE), reported a disposition of 139,444 shares on March 4, 2026. The shares were cancelled for no consideration (reported price $0.00, total $0) in connection with the company's emergence from Chapter 11 bankruptcy — this was a corporate cancellation, not an open‑market sale.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026.
- Transaction type: Disposition to issuer (shares cancelled) — 139,444 shares at $0.00 (no proceeds).
- Shares owned after transaction: Not specified in the filing.
- Footnote: All of the issuer’s common stock was cancelled for no consideration upon emergence from Chapter 11.
- Filing timeliness: Form was filed two days after the transaction (within the typical 2‑business‑day Form 4 window).
Context
This action reflects a corporate restructuring outcome (share cancellation) tied to Nine Energy’s Chapter 11 process, not a cash sale by the insider. Such cancellations remove shares from holders as part of bankruptcy-related reorganization and should not be interpreted as an insider decision to liquidate holdings for cash.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-03-04−139,444→ 0 total
Footnotes (1)
- [F1]On March 4, 2026, in connection with the emergence of Nine Energy Service, Inc. (the "Issuer") from Chapter 11 bankruptcy, all of the Issuer's shares of common stock, par value $0.01 per share, were cancelled for no consideration.