Esslemont Alexander 4
4 · Nine Energy Service, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Nine Energy (NINE) Director Esslemont Receives RSU Award
What Happened Esslemont Alexander, a director of Nine Energy Service, Inc. (NINE), was granted 27,778 restricted stock units (RSUs) on May 18, 2026. The grant is reported as an acquisition at $0.00 per unit (standard for RSU awards); no cash changed hands at grant. RSUs represent a future right to receive shares if vesting conditions are met.
Key Details
- Transaction date: 2026-05-18; Form filed 2026-05-20 (filed timely).
- Transaction type/code: Award/Grant (A) — 27,778 RSUs at $0.00.
- Reported acquisition value: $0 (grant of RSUs; value realized depends on future share price at vesting).
- Shares owned following transaction: Not specified in the provided filing.
- Footnote: These are time‑based RSUs that vest on June 30, 2027, subject to continued service. If the director is up for re-election at the issuer's next annual meeting and is not re-elected, the RSUs will fully vest on that annual meeting date (per footnote F1).
Context RSU grants are a common form of director compensation and do not constitute an open‑market purchase or sale. They signal alignment with shareholder interests by tying future value to the company’s stock, but they do not indicate immediate buying or selling intent. This filing reports the grant itself; any eventual sale or tax withholding at vesting would appear in later Form 4 filings.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-18+27,778→ 27,778 total
Footnotes (1)
- [F1]Represents time-based restricted stock units that will vest on June 30, 2027, subject to the Reporting Person's continued service through the applicable vesting date; provided, however, that in the event the Reporting Person is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date.