Crombie David 4

What Happened
David Crombie, Executive Vice President and Chief Operating Officer of Nine Energy Service, was granted 136,111 restricted stock units (RSUs) on 2026-05-18. The award was reported as an "A" (award/grant) with an acquisition price of $0.00 — no cash was paid at grant. The RSUs will convert to shares only as they vest.

Key Details

• Transaction date: 2026-05-18 (Form 4 filed 2026-05-20). Filing was submitted within the typical 2-business-day Section 16 window.
• Grant details: 136,111 RSUs; reported acquisition price $0.00 (code A — award/grant).
• Vesting: Per footnote, time-based RSUs vest in three equal installments beginning on the first anniversary of the vesting commencement date, subject to continued employment.
• Shares owned after transaction: Not stated in the provided filing.
• Filing note: A prior Form 4 filed 3/6/2026 incorrectly indicated the reporting person was no longer subject to Section 16; that was an error, per the current filing.

Context
This is a compensation award, not an open‑market purchase or sale. RSU awards are common executive compensation and do not require immediate cash; their ultimate value depends on Nine Energy’s stock price when the units vest and any subsequent sale.