All Nine Energy (NINE) common shares cancelled as insider’s 136,873-share stake goes to zero

Rhea-AI Filing Summary

Nine Energy Service, Inc. executive Theodore R. Moore reported a disposition of 136,873 shares of common stock on March 4, 2026, recorded as a disposition to the issuer. The transaction price is shown as $0.00 per share, leaving him with 0 shares of Nine common stock.

According to the footnote, this resulted from Nine Energy Service’s emergence from Chapter 11 bankruptcy, when all outstanding common shares were cancelled for no consideration. This Form 4 reflects that court-approved cancellation rather than an open-market sale.

Positive

• None.

Negative

• All existing common stock cancelled in Chapter 11: Upon emergence from Chapter 11 bankruptcy, all Nine Energy Service common shares, including 136,873 held by Theodore R. Moore, were cancelled for no consideration, effectively eliminating prior common equity value.

Insights

Bankruptcy & Capital Structure Analyst

Nine’s Chapter 11 emergence wiped out all existing common shares, including Moore’s stake.

This Form 4 shows that 136,873 shares of Nine Energy Service common stock held by Theodore R. Moore were disposed of to the issuer at $0.00 per share. The filing notes that this occurred when the company emerged from Chapter 11 bankruptcy and all common shares were cancelled.

For existing common shareholders, cancellation of all shares for no consideration is typically a total loss of equity value. Any future value in the reorganized entity depends on the new securities structure established in the Chapter 11 process, which is not detailed in this Form 4 excerpt.

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

OMB Number:			3235-0287
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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^*

MOORE THEODORE R.

(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)

	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		136,873	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:

Executive Vice President and General Counsel

	/s/ Theodore R. Moore	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 did Nine Energy Service (NINE) disclose about Theodore R. Moore’s shares?

Nine Energy Service reported that Theodore R. Moore disposed of 136,873 shares of common stock on March 4, 2026. The transaction was recorded as a disposition to the issuer at $0.00 per share, leaving him with no remaining Nine common shares.

Why were Theodore R. Moore’s Nine Energy Service (NINE) shares cancelled?

Moore’s shares were cancelled in connection with Nine Energy Service’s emergence from Chapter 11 bankruptcy. The footnote states that all outstanding common stock was cancelled for no consideration upon emergence, and the Form 4 records this cancellation as a disposition to the issuer.

How many Nine Energy Service (NINE) shares did Theodore R. Moore hold after the transaction?

After the March 4, 2026 transaction, Theodore R. Moore held 0 shares of Nine Energy Service common stock. The Form 4 indicates that his prior 136,873 shares were disposed of to the issuer at a stated price of $0.00 per share.

Was Theodore R. Moore’s Nine Energy Service (NINE) transaction an open-market sale?

No. The transaction is coded as a disposition to the issuer, not an open-market sale. The footnote explains it reflects cancellation of all common shares for no consideration when Nine Energy Service emerged from Chapter 11 bankruptcy, rather than a voluntary market transaction.

What does the Chapter 11 emergence mean for Nine Energy Service (NINE) common shareholders?

The footnote indicates that, upon emergence from Chapter 11 bankruptcy, all Nine Energy Service common shares were cancelled for no consideration. This typically means prior common shareholders, including insiders like Moore, lost their equity positions in the pre-emergence stock class.