Company: NINE
Filing Date: 2025-05-07
Form Type: 8-K
Source: 0001193125-25-114963
Chunk: 6

Company: Nine Energy Service, Inc.
Filing Date: 2025-05-07
Form: 8-K
Item: Item 5.02
Chunk 6
---
Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

Director Resignations and Appointments

On May 2, 2025, Gary L. Thomas resigned as a member of the Company’s Board of Directors (the “ Board”), effective as of the end of such date, as planned, and on May 3, 2025, as previously disclosed, Richard A. Burnett began serving as a member of the Board.

Also as previously disclosed, Mark E. Baldwin has notified the Board that he plans to resign from the Board effective as of the end of the day on August 1, 2025. To fill such expected vacancy, on May 2, 2025, the Board appointed Jerome (Joey) D. Hall as a director and as a member of the Board’s Audit Committee and Nominating, Governance and Compensation Committee (the “ NGC Committee”), in each case effective as of August 2, 2025.

Mr. Hall will receive compensation for service on the Board and its committees in a manner consistent with the Company’s non-employeedirector compensation policies and programs in effect from time to time. Currently, each of the Company’s non-employeedirectors receive a quarterly cash retainer of $18,750, and each non-employeedirector serving on the Board’s Audit Committee or NGC Committee in a non-chairmancapacity receives an additional quarterly cash retainer of $1,875 per committee. In addition, the Company’s non-employeedirectors are eligible to receive annual long-term incentive awards under the Incentive Plan (as defined below). On May 2, 2025, each of the Company’s non-employeedirectors were granted an award under the Incentive Plan with a grant date value of $150,000, and Mr. Hall is expected to be granted a similar but prorated award when he joins the Board. Each non-employeedirector is also reimbursed for travel and miscellaneous expenses to attend meetings and activities of the Board or its committees. Also in connection with his appointment to the Board, Mr. Hall will enter into an indemnification agreement with the Company in the same form that the Company has entered into with its other directors.

There are no current or proposed transactions in which Mr. Hall has or will have a direct or indirect material interest and in which the Company is or will be