SCHWINGER SCOTT 4

What Happened
Scott Schwinger, a director of Nine Energy Service, Inc. (NINE), reported a disposition to the issuer of 132,107 shares on March 4, 2026. The transaction is reported at $0.00 per share (total $0). This was not an open-market sale for proceeds — the shares were cancelled for no consideration in connection with the company’s emergence from Chapter 11 bankruptcy (see footnote F1).

Key Details

• Transaction date: March 4, 2026; filing date: March 6, 2026 (filed timely).
• Transaction type: Disposition to issuer (D); 132,107 shares cancelled at $0.00 per share (total value $0).
• Shares owned after transaction: reported effectively zero common shares (shares cancelled).
• Notable footnote: F1 — "all of the Issuer's shares of common stock ... were cancelled for no consideration" as part of the Chapter 11 emergence.
• No indications of a 10b5-1 plan, option exercise, tax-withholding, or late filing in the Form 4.

Context
This was not a sale that generated proceeds for the insider; it reflects equity cancellation under a bankruptcy restructuring. Such cancellations are common in reorganizations and mean existing common equity was wiped out or restructured — not necessarily a signal about the insider’s investment sentiment.