[Form 4] Nine Energy Service, Inc. Insider Trading Activity
William Monroe, a director of Nine Energy Service, Inc. (NINE), reported the sale of 750,000 shares of the issuer's common stock on 04/09/2025. The weighted average sale price was $0.91 per share, with individual sales between $0.8421 and $0.9356. After the reported sale, Mr. Monroe beneficially owned 4,113,000 shares, held directly. The Form 4 was signed on 08/22/2025. The filing identifies Mr. Monroe's relationship as a director and indicates this is a single-person filing.
- Timely, complete disclosure of transaction date, share amount, weighted-average price range, and post-transaction holdings
- Director retains significant stake with 4,113,000 shares beneficially owned after the sale
- Large insider sale of 750,000 shares, which may be viewed negatively by some investors
- Filing does not state whether transactions were made under a 10b5-1 plan or for other specified reasons
Insights
TL;DR: Director sold 750,000 shares at a weighted average of $0.91, reducing direct holdings to 4.113M shares.
This Form 4 discloses a sizeable insider sale by a director. The transaction is fully reported with weighted-average and price range details, which supports market transparency. The sale reduces direct beneficial ownership but the director continues to hold a multi-million share position. Without contemporaneous context on company valuation or a 10b5-1 plan disclosure in the filing, the market will view this as a routine but material insider sale.
TL;DR: Reporting is complete; the director remains a significant holder despite the sale.
The Form 4 meets reporting requirements by providing transaction date, share amount, weighted average price, and post-transaction holdings. The filing notes the sale prices spanned $0.8421 to $0.9356 and promises to provide per-price breakdown on request. The continued direct ownership of 4,113,000 shares indicates retained alignment with shareholders, though the sale magnitude may prompt investor questions about timing or liquidity needs.