All Nine Energy (NINE) common shares cancelled as company emerges from Chapter 11

Rhea-AI Filing Summary

Nine Energy Service, Inc. director and officer Ann G. Fox reported a disposition of 373,795 shares of common stock on March 4, 2026. The shares were surrendered to the issuer for no value in connection with the company’s emergence from Chapter 11 bankruptcy, and her reported direct common stock holdings fell to zero shares afterward. The footnote explains that, upon emergence, all outstanding shares of Nine Energy Service common stock were cancelled for no consideration, so this transaction reflects that court-supervised restructuring outcome rather than an open‑market sale.

Positive

• None.

Negative

• All existing common stock cancelled in Chapter 11 emergence: The footnote states that, upon Nine Energy Service, Inc.’s emergence from Chapter 11 bankruptcy on March 4, 2026, all issued common shares were cancelled for no consideration, eliminating prior common equity.

Insights

Bankruptcy and restructuring analyst

All existing Nine Energy common shares were cancelled as part of a Chapter 11 emergence.

The Form 4 shows Ann G. Fox, a director and officer of Nine Energy Service, Inc., disposing of 373,795 common shares at a stated price of $0.00 per share. The filing notes this is a disposition to the issuer, not a market trade, with her direct holdings dropping to zero following the transaction.

The key detail is in the footnote: on March 4, 2026, in connection with Nine Energy Service’s emergence from Chapter 11 bankruptcy, all outstanding common stock was cancelled for no consideration. This indicates existing equity was wiped out as part of the confirmed restructuring, a material negative outcome for prior shareholders.

This type of cancellation typically reflects the priority of creditors in Chapter 11 and often accompanies a new capital structure. Future disclosures in company filings may outline the post‑emergence equity structure and any new securities issued to stakeholders as part of the reorganization plan.

SEC Form 4

FORM 4

UNITED 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

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X

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^*

Fox Ann G

(Last) (First) (Middle)

2001 KIRBY DRIVE, SUITE 200

(Street)

HOUSTON TX 77019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Nine Energy Service, Inc. [ NINE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/04/2026		D		373,795	D	$0(1)	0	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On March 4, 2026, in connection with the emergence of Nine Energy Service, Inc. (the "Issuer") from Chapter 11 bankruptcy, all of the Issuer's shares of common stock, par value $0.01 per share, were cancelled for no consideration.

Remarks:

President, Chief Executive Officer and Director

	/s/ Ann G. Fox by Theodore R. Moore, as Attorney-in-fact	03/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Ann G. Fox report at Nine Energy Service (NINE)?

Ann G. Fox reported disposing of 373,795 shares of Nine Energy Service common stock on March 4, 2026. The transaction was a disposition to the issuer at $0.00 per share, leaving her with zero directly held shares after the event.

Was Ann G. Fox’s Form 4 transaction in NINE an open-market sale?

No, the Form 4 describes the transaction as a disposition to the issuer, not an open‑market sale. The reported per‑share price is $0.00, reflecting cancellation of shares in connection with Nine Energy Service’s emergence from Chapter 11 bankruptcy.

What happened to Nine Energy Service (NINE) common stock on March 4, 2026?

The footnote states that on March 4, 2026, as Nine Energy Service emerged from Chapter 11 bankruptcy, all of its common stock was cancelled for no consideration. This means prior common shareholders lost their equity as part of the court‑supervised restructuring.

How many Nine Energy Service (NINE) shares did Ann G. Fox own after the reported transaction?

Following the March 4, 2026 transaction, Ann G. Fox’s reported direct ownership of Nine Energy Service common stock was 0 shares. This aligns with the footnote explaining that all outstanding common shares were cancelled for no consideration upon the company’s Chapter 11 emergence.

Why was the transaction price zero in Ann G. Fox’s Form 4 for NINE?

The transaction price is reported as $0.00 per share because the shares were cancelled for no consideration. This occurred in connection with Nine Energy Service’s emergence from Chapter 11 bankruptcy, where existing common equity was eliminated rather than sold in the market.

What does Nine Energy Service’s Chapter 11 emergence imply for former common shareholders?

According to the footnote, all Nine Energy Service common shares were cancelled for no consideration at emergence. This indicates former common shareholders received no value for their cancelled shares, consistent with a restructuring where equity is wiped out as creditors are prioritized.