Drilling Tools International (DTI) director granted 23,438 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

THIGPEN JEREMY D reported acquisition or exercise transactions in this Form 4 filing.

Drilling Tools International Corp director Jeremy D. Thigpen received a grant of 23,438 restricted stock units. Each unit represents a contingent right to receive one share of the company’s common stock. The restricted stock units vest 100% on April 29, 2027, one year after the grant date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider THIGPEN JEREMY D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	23,438	$0.00	--

Holdings After Transaction: Restricted Stock Units — 23,438 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 23,438 units Transaction price per unit: $0.0000 Holdings after transaction: 23,438 RSUs +1 more

4 metrics

RSUs granted 23,438 units Restricted stock unit award on April 29, 2026

Transaction price per unit $0.0000 Grant/award acquisition, no cash paid

Holdings after transaction 23,438 RSUs Total restricted stock units following grant

Vesting date April 29, 2027 100% of RSUs vest on one-year anniversary of grant

Key Terms

Restricted Stock Units, contingent right, vest, common stock

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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

"represents a contingent right to receive one share of the Issuer's common stock"

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.

common stock financial

"receive one share of the Issuer's common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 04:05 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

THIGPEN JEREMY D

(Last)

(First)

(Middle)

10370 RICHMOND AVENUE, SUITE 1000

(Street)

HOUSTON

TEXAS

77042

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Drilling Tools International Corp [ DTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/29/2026		A		23,438		⁽¹⁾	⁽¹⁾	Common Stock	⁽¹⁾	$0	23,438	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest 100% on April 29, 2027, the one-year anniversary of the grant date.

	/s/ John Niedzwiecki, as Attorney-in-fact	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Drilling Tools International (DTI) report for Jeremy D. Thigpen?

Drilling Tools International reported that director Jeremy D. Thigpen received a grant of 23,438 restricted stock units. These units are a form of equity-based compensation that convert into common shares if vesting conditions are met, aligning the director’s interests with shareholders.

How many restricted stock units were granted to the DTI director in this Form 4?

The Form 4 shows a grant of 23,438 restricted stock units to director Jeremy D. Thigpen. All 23,438 units were acquired in a single award, and his reported holdings of this derivative security after the transaction total 23,438 units, reflecting the new grant.

When do Jeremy D. Thigpen’s Drilling Tools International restricted stock units vest?

The restricted stock units vest 100% on April 29, 2027. This date is described as the one-year anniversary of the grant date, meaning the director must remain eligible through that period before the units convert into common shares of Drilling Tools International.

What does each restricted stock unit represent in the DTI Form 4 filing?

Each restricted stock unit represents a contingent right to receive one share of Drilling Tools International’s common stock. The rights only settle into actual shares if the vesting condition is satisfied on April 29, 2027, providing equity-based compensation rather than immediate share ownership.

Was there a purchase price for the restricted stock units granted to the DTI director?

The Form 4 lists a transaction price per restricted stock unit of 0.0000, indicating no cash purchase was made. This confirms the grant is compensation-based rather than an open-market buy, with value realized if and when the units vest into common shares.