Nine Energy (NINE) director resigns, forfeits 35,000 restricted shares

Nine Energy Service (NINE) reported an insider update: Director Richard A. Burnett resigned effective November 9, 2025.

Rhea-AI Filing Summary

Nine Energy Service (NINE) reported an insider update: Director Richard A. Burnett resigned effective November 9, 2025. In connection with the resignation, 35,000 shares of restricted common stock were forfeited at a reported price of $0.00, leaving him with 0 shares beneficially owned.

The forfeited shares were granted under a Restricted Stock Agreement dated May 8, 2025 and had been scheduled to vest on May 8, 2026.

Insights

Corporate governance analyst

Director resignation with forfeiture of 35,000 shares; neutral.

Nine Energy Service disclosed that director Richard A. Burnett resigned on Nov 9, 2025. Under his Restricted Stock Agreement, the unvested grant tied to board service—35,000 restricted shares scheduled to vest on May 8, 2026—was forfeited.

This Form 4 records a non-cash disposition at $0.00 and shows post-transaction beneficial ownership of 0 shares. The entry is administrative in nature; any broader governance implications are not detailed in the excerpt.

Insider Trade Summary

Disposition: 35,000 shares

Disposition 1 txn

Insider Burnett Richard Alan

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	35,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. On November 9, 2025, Richard A. Burnett informed Nine Energy Service, Inc. (the "Issuer") of his intention to resign from the board of directors of the Issuer, effective immediately. Pursuant to the Restricted Stock Agreement, dated as of May 8, 2025, between the Issuer and Mr. Burnett, these shares of restricted stock, to vest on May 8, 2026 (the first anniversary of the grant date), were awarded to Mr. Burnett for his membership on the Issuer's board of directors and are thus forfeited upon such termination of directorship.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

A director, Richard A. Burnett, resigned on Nov 9, 2025, triggering the forfeiture of 35,000 restricted shares at $0.00.

How many Nine Energy (NINE) shares did the reporting person own after the transaction?

Post-transaction beneficial ownership is 0 shares.

What was the nature of the reported security and transaction for NINE?

The security was Common Stock; the transaction was a forfeiture/disposition of 35,000 restricted shares at $0.00.

Why were the 35,000 restricted shares forfeited at Nine Energy (NINE)?

Per the Restricted Stock Agreement (dated May 8, 2025), the unvested award tied to board service was forfeited upon resignation.

When were the forfeited restricted shares originally scheduled to vest for NINE?

They were scheduled to vest on May 8, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/12/2025 - 04:05 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

Burnett Richard Alan

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2025

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	11/09/2025		D		35,000(1)	D	$0.00	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 November 9, 2025, Richard A. Burnett informed Nine Energy Service, Inc. (the "Issuer") of his intention to resign from the board of directors of the Issuer, effective immediately. Pursuant to the Restricted Stock Agreement, dated as of May 8, 2025, between the Issuer and Mr. Burnett, these shares of restricted stock, to vest on May 8, 2026 (the first anniversary of the grant date), were awarded to Mr. Burnett for his membership on the Issuer's board of directors and are thus forfeited upon such termination of directorship.

	/s/ Richard A. Burnett by Theodore R. Moore, as Attorney-in-fact	11/12/2025
	** 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.