Monitor the company's emergence from Chapter 11 and subsequent quarterly filings for revenue and earnings trends. The LTIP is a retention tool, not a catalyst. No immediate trading signal.
Price Chart
Executive Summary
Nine Energy Service adopted a 2026 Long-Term Incentive Plan and approved equity and cash awards for its top three executives, including CEO Ann Fox ($2.98M RSUs + $2.98M target performance awards), as part of its emergence from Chapter 11 bankruptcy. The plan reserves 1,394,999 shares (10% of outstanding common stock) for future grants. This is a routine post-reorganization compensation alignment filing with no material financial impact on current shareholders.
Key Facts
- Board approved 2026 Long-Term Incentive Plan on May 11, 2026, reserving 1,394,999 shares (10% of outstanding common stock) for issuance
- CEO Ann Fox received RSU grant value of $2,980,000 and target performance award value of $2,980,000
- COO David Crombie received RSU grant value of $1,225,000 and target performance award value of $1,225,000
- Interim CFO Heather Schmidt received RSU grant value of $350,000 and target performance award value of $350,000, plus a $15,000/month cash stipend
- RSUs vest over three years; performance awards based on relative TSR with maximum payout of 200% of target
- Plan is part of the company's transition out of Chapter 11 bankruptcy
Financial Impact
Total executive RSU grants of $4.555M and target performance awards of $4.555M; plan reserves 10% of outstanding shares for dilution over 10 years
Risk Factors
- Potential dilution of up to 10% of outstanding shares over the life of the plan
- Company is emerging from Chapter 11 — post-reorganization financial performance is uncertain
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-057673 |
| Document: 0001213900-26-057673-index-headers.html | 0001213900-26-057673 |
| Document: 0001213900-26-057673-index.html | 0001213900-26-057673 |
| Document: 0001213900-26-057673.txt | 0001213900-26-057673 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 11w ago | 8-K | $10.43 $10.16 | ▲ +2.59% | ▲ +3.20% | $7.94 (+23.87%) |
May 22, 2026 22w ago | 8-K | $11.05 $10.74 | ▼ −2.81% | ▼ −2.76% | $7.94 (−28.14%) |
May 15, 2026 23w ago | 8-K | $10.60 $10.49 | ▼ −1.04% | ▼ −0.39% | $7.94 (−25.09%) |
May 13, 2026 23w ago | 8-K | $10.40 $10.34 | ▼ −0.58% | ▲ +0.65% | $7.94 (−23.65%) |
Apr 24, 2026 26w ago | 8-K | $9.40 $9.20 | ▲ +2.13% | ▲ +1.64% | $7.94 (+15.53%) |
Apr 21, 2026 26w ago | 8-K | $9.09 $9.10 | ▼ −0.11% | ▼ −0.50% | $7.94 (+12.65%) |
US Market Status
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