Nine Energy insider shares cancelled in Chapter 11
Nine Energy Service, Inc. filed a Form 4 showing that officer Guy Sirkes had 139,444 shares of common stock disposed of in a transaction classified as a disposition to the issuer.
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Rhea-AI Filing Summary
Nine Energy Service, Inc. filed a Form 4 showing that officer Guy Sirkes had 139,444 shares of common stock disposed of in a transaction classified as a disposition to the issuer. According to a footnote, this occurred on March 4, 2026, when Nine Energy Service emerged from Chapter 11 bankruptcy and all of the issuer’s common shares were cancelled for no consideration, leaving Sirkes with zero directly held shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 139,444 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did Nine Energy Service (NINE) report for Guy Sirkes?
What transaction code was used in the Nine Energy Service (NINE) Form 4 for Guy Sirkes?
AI-generated analysis. How Rhea-AI works. Not financial advice.