Hall Jerome D JR 4
Research Summary
AI-generated summary
Nine Energy (NINE) Director Jerome D. Hall Jr Receives Award
What Happened
- Jerome D. Hall Jr, a director of Nine Energy Service, Inc. (NINE), was granted 27,778 restricted stock units (RSUs) on 2026-05-18. The award was reported as an acquisition (code A) at $0.00 per share (no cash paid). The filing (Form 4) was submitted on 2026-05-20.
Key Details
- Transaction date: 2026-05-18; Filing date: 2026-05-20 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 27,778 RSUs; reported price: $0.00; reported dollar value: $0.
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Footnote: These are time-based RSUs that vest on June 30, 2027, subject to continued service. If Mr. Hall is up for re‑election at the issuer’s next annual meeting and is not re‑elected, the shares shall be deemed fully vested on that annual meeting date.
Context
- RSUs are compensation awards that convert to shares only if vesting conditions are met; they do not represent immediate sales or market transactions. Grants are common for board compensation and do not, by themselves, indicate a buy or sell signal.