Nine Energy Service, Inc. (NINE) Form 8-K — May 15, 2026
Nine Energy Service, Inc. adopted a new 2026 Long-Term Incentive Plan, reserving 1,394,999 shares of common stock, which represents 10% of the outstanding shares as of the effective date of its Chapter 11 Plan. The Board approved significant equity and cash awards for key executives to incentivize retention during the company's transition out of bankruptcy. CEO Ann Fox received $2.98 million in RSUs and $2.98 million in performance awards, while COO David Crombie received $1.225 million in each category.
Key figures
- Offering Price
- 9
- Shares Offered
- 1394999
- Rsu grant ceo
- 2980000
- Rsu grant coo
- 1225000
- Plan duration years
- 10
- Performance award ceo
- 2980000
- Performance award coo
- 1225000
- Rsu grant interim cfo
- 350000
- Max board compensation
- 900000
- Interim cfo monthly stipend
- 15000
- Performance award interim cfo
- 350000
Price after filing
Close on the filing date to close N calendar days later (from $10.40). Historical, not a forecast.
AI analysis
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