Peffer Julie 4

What Happened
Julie Peffer, a director of Nine Energy Service, Inc. (NINE), reported a disposition of 35,000 shares on March 4, 2026. The shares were disposed to the issuer at $0.00 per share (total $0). This was not an open-market sale or purchase by the insider but a cancellation of shares in connection with the company’s Chapter 11 reorganization.

Key Details

• Transaction date: March 4, 2026; Report filed: March 6, 2026 (Form 4 accession 0001193125-26-096642).
• Transaction type/code: Disposition to issuer (D); price reported: $0.00; total value: $0.
• Shares affected: 35,000 cancelled. Ownership after transaction reported as 0 shares (shares were cancelled).
• Footnote: Per filer, all common stock was cancelled for no consideration as part of the issuer’s emergence from Chapter 11.
• Timeliness: Report filed within the standard reporting window (no late filing indicated).

Context
This transaction reflects a corporate restructuring outcome (share cancellation) tied to bankruptcy emergence, not a routine insider sale or buy. Such cancellations are driven by company-level proceedings and do not necessarily convey the director’s personal trading intent or view on the company’s future.