other_material
confidence high
sentiment neutral
materiality 0.60
Nine Energy adopts 2026 LTIP; grants $4.55M in RSUs and Performance Awards to CEO, COO, Interim CFO
Nine Energy Service, Inc.
- Plan reserves 1,394,999 shares (10% of outstanding) for equity awards under post-Chapter 11 reorganization.
- CEO Ann Fox receives $2.98M in time-based RSUs and $2.98M target Performance Awards based on relative TSR.
- COO David Crombie gets $1.225M RSUs and $1.225M target; Interim CFO Heather Schmidt: $350k each plus $15k/month stipend.
- RSUs vest over 3 years; Performance Awards have max payout of 200% of target over annual measurement periods.
- Plan includes double-trigger change-in-control vesting and termination protections for executives.
item 5.02item 9.01