Nine Energy director granted 27,778 RSUs
BARTELS PATRICK J JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BARTELS PATRICK J JR reported acquisition or exercise transactions in this Form 4 filing.
Nine Energy Service director Patrick J. Bartels Jr. received a grant of 27,778 shares of common stock in the form of time-based restricted stock units. These RSUs were awarded at no cash cost to him and represent his current direct holdings after the transaction.
The restricted stock units are scheduled to vest on June 30, 2027, as long as he continues to serve through that date. If he stands for re-election at the next annual shareholder meeting and is not elected, the units will fully vest on that meeting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,778 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents time-based restricted stock units that will vest on June 30, 2027, subject to the Reporting Person's continued service through the applicable vesting date; provided, however, that in the event the Reporting Person is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date.
Key Figures
Key Terms
restricted stock units financial
vest financial
annual meeting of stockholders financial
board of directors financial
FAQ
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What insider transaction did Nine Energy (NINE) report for Patrick J. Bartels Jr.?
When do Patrick J. Bartels Jr.’s Nine Energy (NINE) restricted stock units vest?
What conditions affect vesting of the Nine Energy (NINE) RSUs granted to Patrick J. Bartels Jr.?
Is Patrick J. Bartels Jr.’s Nine Energy (NINE) Form 4 transaction an open-market purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.