Nine Energy (NINE) Director Jerome D. Hall Jr Shares Cancelled

What Happened
Jerome D. Hall Jr., a director of Nine Energy Service, Inc. (NINE), had a disposition to the issuer on March 4, 2026 consisting of 26,250 shares of common stock. The reported transaction price was $0.00 and the total proceeds were $0. This was not an open-market sale but a cancellation of shares in connection with the company's emergence from Chapter 11.

Key Details

• Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06)
• Transaction type/code: Disposition to issuer (D) — shares cancelled for no consideration
• Shares affected: 26,250 shares; transaction value: $0.00
• Shares owned after transaction: effectively 0 common shares (per footnote, the issuer's common stock was cancelled)
• Footnote: All of the issuer's common stock was cancelled for no consideration upon emergence from Chapter 11 (see F1)
• Timeliness: Form 4 filed within the normal reporting window (filed Mar 6 for Mar 4 transaction)

Context
This was not a routine sale for cash but a corporate restructuring action: the company's common stock was cancelled as part of its Chapter 11 emergence, so the disposition reflects share cancellation rather than a trading decision by the insider. Such cancellations do not indicate insider sentiment about future stock performance.