Drilling Tools International Corporation SEC Filings

Drilling Tools International Corp. director reported a change in ownership of company stock. On 12/10/2025, the reporting person acquired 1,959 shares of DTI common stock at a price of $0, increasing directly held shares to 99,510. The shares were received through a pro rata distribution from HHEP Directional, L.P. to its limited partners for no consideration.

The reporting person also holds 28,626 restricted stock units, each representing a right to receive one share of common stock. These restricted stock units vest 100% on May 13, 2026, the one-year anniversary of the grant date.

Drilling Tools International Corp. director John D. Furst reported changes in his indirect ownership of company stock as of December 10, 2025. A trust for which he serves as trustee, JDF Long Term Trust, received 32,606 shares of common stock at a stated price of $0, described as a pro rata distribution from HHEP Directional, L.P. to its limited partners for no consideration. After this, the trust held 177,072 shares of Drilling Tools International common stock indirectly for his benefit.

The filing also shows 118,252 shares of common stock indirectly held through Oak Stream Investors II, Ltd., for which Furst disclaims beneficial ownership beyond his pecuniary interest. On the derivative side, he reports restricted stock units that each represent one share of common stock and vest 100% on May 13, 2026, as well as fully vested stock options originally received in exchange for options in Drilling Tools International Holdings, Inc. connected to the company’s prior business combination.

Drilling Tools International Corp. director reports share distribution and equity awards

A director of Drilling Tools International Corp. reported receiving 19,592 shares of common stock on 12/10/2025, coded as an acquisition for no cash consideration. The filing states these shares were distributed pro rata to limited partners of HHEP-Directional, L.P., increasing the director’s directly held common stock to 140,303 shares after the transaction.

The director also reports holding 28,626 restricted stock units, each representing a right to receive one share of DTI common stock. These restricted stock units are scheduled to vest 100% on May 13, 2026, which is described as the one-year anniversary of the grant date.

Drilling Tools International Corp officer reports stock sale. On 12/15/2025, the President of the DTR Division, Michael Wayne Domino Jr., sold 2,083 shares of Drilling Tools International common stock at $2.65 per share in a planned transaction under a Rule 10b5-1 trading plan adopted on November 17, 2025. After this sale, he directly owned 1,460,133 shares of the company’s common stock.

Drilling Tools International Corporation announced a leadership change on its Board of Directors. Following the passing of long-time Chairman Thomas Hicks on December 6, 2025, the Board appointed Wayne Prejean, the company’s President, Chief Executive Officer, and current director, as interim Chairman of the Board, effective immediately.

Mr. Prejean will hold the interim chairman role while continuing as President and CEO until the Board selects a permanent Chairman or he resigns or is removed. The Board may evaluate both internal and external candidates for the permanent role. There are no special arrangements underlying his appointment, no family relationships with other directors or executives, and no related-party transactions requiring disclosure. The Board has not approved any changes to his compensation in connection with this appointment at this time. Mr. Prejean has led the company since 2013 and brings over 45 years of oilfield services and drilling tools experience, including founding and selling Wildcat Services to National Oilwell Varco.

Drilling Tools International Corp. (DTI) insider trading report: A company officer, serving as President of the DTR Division, reported selling 2,083 shares of DTI common stock on 11/17/2025 at a weighted average price of $2.5145 per share. After this transaction, the officer continues to beneficially own 1,462,216 shares of DTI common stock in direct ownership form. The sale was executed under a pre-arranged Rule 10b5-1 trading plan that was adopted by the reporting person on November 17, 2025, which is intended to provide an affirmative defense framework for systematic, pre-scheduled stock transactions.

Drilling Tools International (DTI)Revenue was $38.8 million in Q3 2025 versus $40.1 million a year ago, driven by $31.9 million tool rental and $7.0 million product sales. The company posted a net loss of $0.9 million (vs. $0.9 million profit in Q3 2024).

For the nine months ended September 30, 2025, revenue was $121.1 million (vs. $114.6 million) and the net loss was $5.0 million (vs. $4.4 million profit). Costs rose across SG&A and depreciation/amortization, and the period includes a $1.9 million goodwill impairment. Operating cash flow improved to $14.6 million, funding capex and acquisition outlays, ending with cash of $4.4 million.

The balance sheet shows total assets $227.4 million, total liabilities $106.3 million, and equity $121.1 million. Borrowings included a $29.0 million revolving line and $22.3 million of term debt (current and long-term). DTI realigned into Eastern and Western Hemisphere segments and continued M&A, including Titan ($10.8 million) in January 2025, following EDP ($13.9 million), SDPI ($47.9 million) and CTG ($20.9 million). Two customers represented 27% of Q3 revenue. As of November 7, 2025, common shares outstanding were 35,198,778.

Drilling Tools International Corporation (DTI) furnished an investor presentation as Exhibit 99.1 for investor relations and other purposes. The materials are provided as information only and are expressly stated as furnished, not filed, under the Exchange Act, which means they are not subject to filing-related liabilities and are not incorporated by reference into other securities law filings.

Drilling Tools International (DTI) reported that it furnished an update on financial and operating results via an Item 2.02 Form 8-K. The company announced results for the third quarter ended September 30, 2025, through a press release furnished as Exhibit 99.1.

The press release is incorporated by reference but treated as “furnished,” not “filed,” under the Exchange Act. DTI’s common stock trades on Nasdaq under the symbol DTI.