Nine Energy Service, Inc.·4

May 20, 5:30 PM ET

BARTELS PATRICK J JR 4

Research Summary

AI-generated summary

Updated

Nine Energy (NINE) Director Patrick J. Bartels Jr Receives Award

What Happened

  • Patrick J. Bartels Jr, a director of Nine Energy Service, was granted 27,778 restricted stock units (RSUs) on May 18, 2026. The Form 4 reports an acquisition price of $0.00 and an aggregate reported value of $0 for the grant. This is an equity award (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (filed two days after the transaction).
  • Transaction type/code: A — Award/Grant of time-based RSUs.
  • Shares acquired: 27,778 RSUs; reported price: $0.00; aggregate reported value: $0.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: The RSUs are time-based and will 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 shares will become fully vested on that annual meeting date.

Context

  • RSUs are compensation awards that convert into shares upon vesting; they are not an immediate cash purchase or sale and do not necessarily signal near-term trading activity.
  • The filing was submitted within the typical two-business-day window for Form 4s, indicating timely reporting.