Schmidt Heather 4

What Happened Heather Schmidt, Interim Chief Financial Officer of Nine Energy Service, was granted 38,889 time‑based restricted stock units (RSUs) on May 18, 2026. The reported acquisition price is $0.00, so no cash was paid; the grant is reported under transaction code "A" (award/grant).

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (timely filing).
• Grant: 38,889 RSUs at $0.00 per share (total reported value $0 on acquisition).
• Vesting: Per footnote, these are time‑based RSUs that vest in three equal installments beginning on the first anniversary of the vesting commencement date, subject to continued employment.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Insider role note: Filing remarks list Heather Schmidt as Interim Chief Financial Officer.

Context This was a compensation award of RSUs, not a market purchase or sale. RSUs represent a promise to issue shares later if vesting conditions are met, so they do not increase tradable share count immediately and are typical for executive compensation rather than signaling an open‑market investment.