Nine Energy (NINE) director Jerome Hall receives 27,778 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nine Energy Service director Jerome D. Hall Jr. received an equity award in the form of 27,778 shares of common stock on May 18, 2026. The award is structured as time-based restricted stock units that carry no cash exercise price.
These restricted stock units are scheduled to vest on June 30, 2027, as long as Hall continues serving through that date. If he is up for re-election at the company’s next annual meeting and is not elected to remain on the board, the units will fully vest on that annual meeting date instead. Following this grant, Hall reports beneficial ownership of 27,778 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hall Jerome D JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,778 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 27,778 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 27,778 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 27,778 shares
+1 more
4 metrics
RSUs granted
27,778 shares
Restricted stock unit award on May 18, 2026
Grant price per share
$0.0000 per share
Equity award, not open-market purchase
Shares owned after grant
27,778 shares
Total direct beneficial ownership following transaction
Scheduled vesting date
June 30, 2027
Time-based vesting for restricted stock units
Key Terms
restricted stock units, vest, board of directors
3 terms
restricted stock units financial
"Represents time-based restricted stock units that will vest on June 30, 2027"
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.
vest financial
"will vest on June 30, 2027, subject to the Reporting Person's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
board of directors financial
"continue serving as a member of the board of directors at such annual meeting"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Nine Energy Service (NINE) director Jerome D. Hall Jr. report in this Form 4?
Jerome D. Hall Jr. reported receiving 27,778 time-based restricted stock units of Nine Energy Service common stock. The award is a grant with no cash exercise price and represents his current reported direct beneficial ownership after the transaction.
When do Jerome D. Hall Jr.’s restricted stock units in Nine Energy Service (NINE) vest?
The restricted stock units are scheduled to vest on June 30, 2027, subject to Hall’s continued service. This means he must remain in his role through that date for normal vesting to occur on the full award.
Is there an accelerated vesting condition for Jerome D. Hall Jr.’s Nine Energy Service (NINE) RSUs?
Yes. If Hall is up for re-election at Nine Energy Service’s next annual stockholder meeting and is not elected to continue as a director, the restricted stock units will be deemed fully vested on that annual meeting date.