Burnett Richard Alan sold NINE
November 9, 2025 · Form 4 insider transaction
Burnett Richard Alan sold 35,000 shares of Nine Energy Service, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
On November 9, 2025, Richard A. Burnett informed Nine Energy Service, Inc. (the "Issuer") of his intention to resign from the board of directors of the Issuer, effective immediately. Pursuant to the Restricted Stock Agreement, dated as of May 8, 2025, between the Issuer and Mr. Burnett, these shares of restricted stock, to vest on May 8, 2026 (the first anniversary of the grant date), were awarded to Mr. Burnett for his membership on the Issuer's board of directors and are thus forfeited upon such termination of directorship.