Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Nine Energy Service, Inc. (NINE)

Nine Energy Service adopts 2026 long-term incentive plan with 1,394,999 shares reserved

Neutral Impact 3 of 5 shareholder Written later

Nine Energy Service, Inc. approved a 2026 Long-Term Incentive Plan on May 11, 2026, as contemplated by its Chapter 11 reorganization plan, reserving 1,394,999 shares of common stock, or 10% of shares outstanding at the plan's effective date. The filing also sets executive awards, including $2,980,000 in RSUs and a matching target value of performance awards for CEO Ann G. Fox, and a $15,000 monthly stipend for interim CFO Heather Schmidt, which dilute existing holders and add compensation costs.

Key points

  • Plan reserves 1,394,999 shares of common stock, equal to 10% of shares outstanding at the Chapter 11 plan's effective date; up to 1,000,000 may be issued as incentive stock options.
  • Ann G. Fox (President, CEO and Secretary) approved for $2,980,000 in RSUs and $2,980,000 in target performance awards; grants effective May 18, 2026.
  • David Crombie (EVP and COO) approved for $1,225,000 in RSUs and $1,225,000 in target performance awards; Heather Schmidt (Interim CFO) approved for $350,000 in each, plus a $15,000 monthly stipend.
  • Performance awards can pay up to 200% of target and are based on relative total shareholder return over three annual periods.

The filing

CompanyNine Energy Service, Inc. (NINE)
Form8-K, current report
Filed with the SECMay 15, 2026, 4:00 PM ET
Accession number0001213900-26-057673

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.