Monitor next quarterly filing for any strategic shifts under the permanent CFO. No immediate price catalysts; focus on Q2 2026 earnings for guidance updates.
Price Chart
Executive Summary
Nine Energy Service permanently appointed Heather Schmidt as Chief Financial Officer, effective May 22, 2026, formalizing her interim role with an amended employment agreement providing a $425,000 base salary, 75% target bonus, and $600,000 in long-term incentive awards. This is a routine succession and compensation arrangement with no material financial impact or strategic change.
Key Facts
- Heather Schmidt appointed permanent CFO effective May 22, 2026, after serving as Interim CFO since May 11, 2026
- Employment agreement provides base salary of $425,000 and target annual bonus of 75% of base salary
- Received $300,000 in time-based RSUs (3-year vest) and $300,000 performance-based cash award (max 200% of target) tied to relative TSR
- Severance includes 1x salary plus target bonus (12 monthly installments) for qualifying termination; 2x if within 24 months post-change-in-control
- No departures, no red flags; appointment was expected given prior interim role
Financial Impact
Not specified
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-060546 |
| Document: ea0292012-8k_nine.htm | 0001213900-26-060546 |
| Document: 0001213900-26-060546-index-headers.html | 0001213900-26-060546 |
| Document: 0001213900-26-060546-index.html | 0001213900-26-060546 |
| Document: 0001213900-26-060546.txt | 0001213900-26-060546 |
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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