secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2026-05-22T20:01:05+00:00
Accession:  0001213900-26-060546
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy appoints Heather Schmidt as permanent CFO; new employment agreement with $425K base salary
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- Heather Schmidt, age 42, appointed permanent CFO effective May 22, 2026; previously interim CFO since May 11.
- Base salary of $425,000 and target annual bonus of 75% of base salary.
- Incremental LTI: $300,000 time-based RSUs (3-year vest) and $300,000 TSR-based cash award (up to 200% of target).
- Severance includes 12 months' base plus target bonus (multiple of 1x; 2x within 24 months of change in control).
- Employment agreement includes double-trigger change-in-control vesting for RSUs and Performance Award.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000121390026060546/0001213900-26-060546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000121390026060546/ea0292012-8k_nine.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-060546

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer