Nine Energy Service (NINE) investor Gendell reports 4.4% beneficial stake
Rhea-AI Filing Summary
Nine Energy Service, Inc. reported that investor Jeffrey L. Gendell, through affiliated Tontine investment partnerships, beneficially owns 614,230 shares of its Common Stock. This represents 4.4% of the company’s 13,949,990 shares outstanding as of June 30, 2026.
All 614,230 shares are held with shared voting and dispositive power, and no shares are held with sole voting or dispositive power. The filing confirms ownership of 5 percent or less of this class of stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 614,230 shares
Percent of class: 4.4%
Shares outstanding: 13,949,990 shares
+2 more
5 metrics
Beneficially owned shares
614,230 shares
Common Stock beneficially owned by Jeffrey L. Gendell and related entities
Percent of class
4.4%
Portion of Nine Energy Service Common Stock class beneficially owned
Shares outstanding
13,949,990 shares
Common Stock outstanding as of June 30, 2026, per Quarterly Report
Shared voting power
614,230 shares
Shares over which there is shared power to vote or direct the vote
Sole voting power
0 shares
Shares over which there is sole power to vote or direct the vote
Key Terms
beneficially owned, shared voting power, dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 614,230"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"Shared Dispositive Power 614,230.00 9 614,230.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
percent of class financial
"Item 4. | Ownership (b) | Percent of class: 4.4 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Ownership of 5 percent or Less of a Class financial
"Item 5. | Ownership of 5 Percent or Less of a Class."
FAQ
What ownership stake in Nine Energy Service (NINE) does Jeffrey L. Gendell report?
Jeffrey L. Gendell reports beneficial ownership of 614,230 shares of Nine Energy Service Common Stock, representing 4.4% of the outstanding shares based on 13,949,990 shares outstanding as of June 30, 2026.
Does Jeffrey L. Gendell own 5% or more of Nine Energy Service (NINE)?
No. The filing states that Gendell’s 4.4% beneficial ownership represents 5 percent or less of Nine Energy Service’s Common Stock, based on 13,949,990 shares outstanding as of June 30, 2026.
Through which entities does Jeffrey L. Gendell hold his Nine Energy Service (NINE) stake?
The stake is held through 454,267 shares owned by Tontine Capital Overseas Master Fund II, L.P. and 159,963 shares owned by Tontine Financial Partners, L.P., both Delaware limited partnerships associated with Gendell.
AI-generated analysis. How Rhea-AI works. Not financial advice.