Nine Energy (NINE) officer granted 38,889 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schmidt Heather reported acquisition or exercise transactions in this Form 4 filing.
Nine Energy Service, Inc. reported that officer Heather Schmidt received an equity grant of 38,889 shares of common stock as a grant or award. These are time-based restricted stock units that vest in three equal installments starting on the first anniversary of the vesting commencement date, subject to her continued employment. Following this grant, she holds 38,889 common shares directly, reflecting a compensation-related equity award rather than a market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schmidt Heather
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,889 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,889 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 38,889 shares
Grant price: $0.00 per share
Holdings after grant: 38,889 shares
+1 more
4 metrics
RSU grant size
38,889 shares
Time-based restricted stock units granted on May 18, 2026
Grant price
$0.00 per share
Reported transaction price for the equity award
Holdings after grant
38,889 shares
Total common stock held directly following the transaction
Vesting schedule
3 equal installments
Vests annually starting on first anniversary of vesting commencement date
Key Terms
restricted stock units, time-based restricted stock units, vesting commencement date
3 terms
restricted stock units financial
"Represents time-based restricted stock units that will vest in three equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based restricted stock units financial
"Represents time-based restricted stock units that will vest in three equal installments"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
vesting commencement date financial
"beginning on the first anniversary of the applicable vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
What did Heather Schmidt report in this Nine Energy Service (NINE) Form 4 filing?
Heather Schmidt reported receiving 38,889 shares of Nine Energy Service common stock as a grant or award. These are time-based restricted stock units that form part of her compensation rather than an open-market purchase or sale.
How do Heather Schmidt’s Nine Energy Service (NINE) restricted stock units vest?
The time-based restricted stock units vest in three equal installments starting on the first anniversary of the vesting commencement date. Each installment requires Heather Schmidt’s continued employment through the applicable vesting date to fully earn the shares.
Are Heather Schmidt’s Nine Energy Service (NINE) Form 4 transactions buys or sells?
The Form 4 shows an acquisition classified as a grant, award, or other acquisition, not a market buy or sell. It reflects compensation-related restricted stock units rather than trading Nine Energy Service shares on the open market.