[144] Nine Energy Service, Inc. SEC Filing
Nine Energy Service, Inc. (NINE) filed a Form 144 that registers a prospective insider sale of common stock.
- Seller: Guy Sirkes; broker Fidelity Brokerage Services.
- Amount: 49,897 common shares with an aggregate market value of $32,433.05.
- Share context: Represents roughly 0.11 % of the 43.34 M shares outstanding.
- Source of shares: Restricted-stock vesting on 05/03/25 (11,136 sh), 05/07/25 (27,010 sh) and 05/09/25 (11,751 sh).
- Planned sale date: on or about 08/08/2025 via NYSE.
- Recent activity: The same filer sold 13,478 shares in May 2025 for gross proceeds of $8,866.
No financial performance metrics were disclosed. Given the small size relative to float and dollar value, this notice appears routine and immaterial to the company’s valuation.
- None.
- None.
Insights
TL;DR: Small insider sale (0.11 % float) via Form 144; unlikely to affect NINE valuation.
The filing covers 49,897 shares worth just $32k, a negligible fraction of Nine Energy’s float. Such Rule 144 notices are procedural; there is no indication of distress or undisclosed information. Past sales by the same individual were similarly minor. Liquidity impact is minimal and there is no change to fundamentals, so I classify the market effect as neutral.
TL;DR: Routine compliance disclosure; transaction size too small for governance concern.
Form 144 affirms the insider’s intent to comply with Rule 144 and 10b5-1 safeguards. The seller certifies no undisclosed adverse information. Volume is far below thresholds that typically trigger board or investor scrutiny. From a governance standpoint this is standard, non-material activity.