Drilling Tools International (NYSE: DTI) director receives 23,438 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kimes Daniel Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Drilling Tools International Corp director Daniel Jeffrey Kimes received a grant of restricted stock units as equity compensation. He was awarded 23,438 restricted stock units, each representing a contingent right to one share of common stock, which vest 100% on April 29, 2027. Following this filing, he directly holds 216,575 shares of common stock and 23,438 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kimes Daniel Jeffrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,438 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 23,438 shares (Direct, null);
Common Stock — 216,575 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 23,438 units
Common shares held: 216,575 shares
RSU vesting date: April 29, 2027
+1 more
4 metrics
RSU grant size
23,438 units
Restricted stock units granted to director on April 29, 2026
Common shares held
216,575 shares
Direct common stock holdings after reported transactions
RSU vesting date
April 29, 2027
RSUs vest 100% on this date
RSU-to-share ratio
1 unit : 1 share
Each restricted stock unit converts to one common share at vesting
Key Terms
Restricted Stock Units, contingent right, vest, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"The restricted stock units vest 100% on April 29, 2027"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"The restricted stock units vest 100% on April 29, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Drilling Tools International (DTI) report for Daniel Jeffrey Kimes?
Drilling Tools International reported that director Daniel Jeffrey Kimes received a grant of 23,438 restricted stock units. These RSUs are a form of equity compensation and give him a contingent right to receive an equal number of common shares when they vest in the future.
How many restricted stock units did DTI director Daniel Jeffrey Kimes receive?
Daniel Jeffrey Kimes received 23,438 restricted stock units from Drilling Tools International. Each unit represents a right to one share of common stock upon vesting, increasing his potential future equity exposure without involving any open‑market purchase or sale of existing shares.
When do the new restricted stock units for DTI’s Daniel Jeffrey Kimes vest?
The 23,438 restricted stock units granted to Daniel Jeffrey Kimes vest 100% on April 29, 2027. Once vested, each unit converts into one share of Drilling Tools International common stock, aligning his compensation more closely with long‑term shareholder value over that period.