STOCK TITAN

Executive at Nine Energy (NYSE: NINE) receives 33,333 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Schmidt Heather reported acquisition or exercise transactions in this Form 4 filing.

Nine Energy Service, Inc. reported that officer Heather Schmidt received an equity grant in the form of 33,333 time-based restricted stock units representing common stock at a stated price of $0.00 per share. These units vest in three equal installments beginning on the first anniversary of the vesting commencement date, conditioned on her continued employment through each vesting date. Following this award, she directly holds 72,222 shares of common stock, reflecting her updated equity position with the company.

Positive

  • None.

Negative

  • None.
Insider Schmidt Heather
Role See Remarks
Type Security Shares Price Value
Grant/Award Common Stock 33,333 $0.00 --
Holdings After Transaction: Common Stock — 72,222 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant 33,333 units Time-based restricted stock units granted on 2026-05-20
Grant price $0.00 per share Stated transaction price for awarded common stock
Post-grant holdings 72,222 shares Total common stock directly held after the award
Vesting installments 3 equal installments Vesting begins on first anniversary of vesting commencement date
restricted stock units financial
"Represents time-based restricted stock units that will vest in three equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting commencement date financial
"beginning on the first anniversary of the applicable vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
transaction code "A" regulatory
"transaction_code: "A" with description Grant, award, or other acquisition"
continued employment financial
"subject to the Reporting Person's continued employment through each applicable vesting date"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schmidt Heather

(Last)(First)(Middle)
2001 KIRBY DRIVE, SUITE 200

(Street)
HOUSTON TEXAS 77019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Nine Energy Service, Inc. [ NINE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026A33,333(1)A$0.0072,222D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents time-based restricted stock units that will vest in three equal installments beginning on the first anniversary of the applicable vesting commencement date, subject to the Reporting Person's continued employment through each applicable vesting date.
Remarks:
Chief Financial Officer
/s/ Heather Schmidt, by Anita Kerin, as Attorney-in-fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Nine Energy Service (NINE) disclose in this Form 4 for Heather Schmidt?

Nine Energy Service disclosed an equity grant to officer Heather Schmidt. She received 33,333 time-based restricted stock units representing common stock, which vest over time, and her direct holdings increased to 72,222 shares after this award.

How many Nine Energy (NINE) shares or units did Heather Schmidt receive?

Heather Schmidt received 33,333 restricted stock units tied to Nine Energy common stock. The Form 4 shows this as a grant-type acquisition at a stated price of $0.00 per share, increasing her direct holdings to 72,222 shares after the transaction.

What is the vesting schedule for Heather Schmidt’s Nine Energy (NINE) restricted stock units?

The 33,333 restricted stock units vest in three equal, time-based installments. Vesting begins on the first anniversary of the vesting commencement date, with each installment requiring her continued employment through the applicable vesting date to receive the shares.

Is Heather Schmidt’s Nine Energy (NINE) Form 4 transaction an open-market stock purchase?

No, the Form 4 reports an award, not an open-market purchase. The transaction code is "A", indicating a grant or award acquisition at a stated price of $0.00 per share, rather than shares bought on the open market.

What are Heather Schmidt’s total Nine Energy (NINE) holdings after this Form 4 transaction?

After the grant, Heather Schmidt directly holds 72,222 Nine Energy shares. This figure includes the newly awarded 33,333 time-based restricted stock units representing common stock as reflected in the updated post-transaction ownership line.

What conditions apply to Heather Schmidt’s restricted stock units in Nine Energy (NINE)?

The restricted stock units are subject to time-based vesting and employment conditions. They will vest in three equal installments starting on the first anniversary of the vesting commencement date, provided she remains employed through each applicable vesting date.