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

Rhea-AI Filing Summary

Nine Energy Service, Inc. director Jerome D. Hall Jr. reported a disposition of 26,250 shares of common stock on March 4, 2026. The filing shows this as a disposition to the issuer, leaving him with 0 shares of Nine Energy common stock.

According to the footnote, this occurred when Nine Energy emerged from Chapter 11 bankruptcy, at which time all of the company’s common shares were cancelled for no consideration. This means existing common shareholders, including Hall, received no payment for their cancelled shares.

Positive

• None.

Negative

• All Nine Energy common shares were cancelled for no consideration upon emergence from Chapter 11, meaning existing common shareholders, including insiders, lost their entire equity positions.

Insights

Distressed equity & restructuring analyst

Nine Energy’s emergence from Chapter 11 wiped out existing common equity.

The Form 4 shows director Jerome D. Hall Jr. disposing of 26,250 Nine Energy common shares in a transaction coded as a disposition to the issuer. A footnote explains that, upon emergence from Chapter 11 bankruptcy, all common stock was cancelled for no consideration.

This indicates that pre-restructuring common shareholders, including insiders, lost their entire common equity positions without compensation. Future ownership and capital structure will instead depend on the terms of the Chapter 11 plan, which are not detailed in this 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

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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^*

Hall Jerome D JR

(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)
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		26,250	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.

	/s/ Jerome D. Hall, Jr. 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 Nine Energy (NINE) report in this Form 4?

The Form 4 reports director Jerome D. Hall Jr. disposing of 26,250 shares of Nine Energy common stock on March 4, 2026 as a disposition to the issuer, leaving him with 0 shares afterward.

Why were Jerome D. Hall Jr.’s Nine Energy (NINE) shares disposed at zero price?

The footnote states that on March 4, 2026, when Nine Energy Service, Inc. emerged from Chapter 11 bankruptcy, all common shares were cancelled for no consideration. As a result, Hall’s 26,250 shares were cancelled without any payment.

What does “disposition to issuer” mean in this Nine Energy (NINE) Form 4?

“Disposition to issuer” indicates the shares were surrendered or cancelled back to the company rather than sold in the market. In this case, Nine Energy’s emergence from Chapter 11 caused all common stock to be cancelled for no consideration.

How many Nine Energy (NINE) shares does Jerome D. Hall Jr. hold after this transaction?

Following the reported transaction, the Form 4 shows total shares following the transaction of 0. This reflects that Hall’s 26,250 common shares were cancelled when Nine Energy’s common stock was eliminated in connection with its Chapter 11 emergence.

What happened to all Nine Energy (NINE) common shareholders in this Chapter 11 emergence?

The footnote explains that upon Nine Energy’s emergence from Chapter 11 bankruptcy on March 4, 2026, all of the issuer’s common stock was cancelled for no consideration. This means existing common shareholders received no payment for their cancelled shares.