STOCK TITAN

Drilling Tools Intl (DTI) Form 144 Notice of Insider Sale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for Drilling Tools International Corp (DTI) reports a proposed sale of 52,075 common shares through Raymond James & Associates with an aggregate market value of $170,806. The shares represent a small fraction of the 35,660,000 shares outstanding and are scheduled for sale on 09/17/2025. The securities were acquired on 06/20/2023 as equity compensation, totaling 1,470,548 shares acquired on that date, and payment for those shares is recorded as stock shares. No securities were reported sold in the past three months and no additional remarks or material undisclosed information are included in the notice.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider plans to sell a small block of equity-compensated shares; size appears immaterial to capitalization.

The filing shows a proposed sale of 52,075 common shares valued at $170,806 via Raymond James, against 35.66 million shares outstanding, indicating the sale is approximately 0.15% of the outstanding float. The shares were originally acquired as equity compensation on 06/20/2023 (1,470,548 shares acquired that date). There are no reported sales in the past three months, and the filer attests to the absence of undisclosed material information. From a market-impact perspective, the transaction size is small and unlikely to materially affect valuation or liquidity.

TL;DR: The notice documents a routine Rule 144 sale by an insider; disclosure appears complete for a Form 144.

The Form 144 provides required disclosure: issuer identification fields, broker name and address (Raymond James & Associates), number of shares to be sold, aggregate market value, acquisition date and nature (equity compensation on 06/20/2023), and planned sale date (09/17/2025). The filer certifies no material nonpublic information is known. There are no flagged 10b5-1 plan adoption dates or past three-month sales reported, limiting governance concerns. This is a standard insider sale filing with routine compliance elements present.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does DTI's Form 144 filed here disclose?

It discloses a proposed sale of 52,075 common shares via Raymond James with aggregate market value of $170,806, planned for 09/17/2025.

How many shares of DTI were acquired and when?

1,470,548 shares were acquired on 06/20/2023 as equity compensation, per the filing.

What portion of DTI's outstanding shares does this sale represent?

The filing shows 35,660,000 shares outstanding; the 52,075-share sale is roughly 0.15% of outstanding shares.

Were any DTI securities sold by the filer in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale of DTI shares?

Raymond James & Associates (880 Carillon Parkway, St. Petersburg FL 33716) is listed as the broker.
Drilling Tools International Corporation

NASDAQ:DTI

DTI Rankings

DTI Latest News

DTI Latest SEC Filings

DTI Stock Data

98.56M
17.08M
50.39%
8.97%
0.31%
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
Link
United States
HOUSTON