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Drilling Tools (NYSE: DTI) director gets 172,593 shares via partner distribution

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Drilling Tools International Corp director Eric C. Neuman reported an internal equity restructuring rather than an open-market trade. On March 31, 2026, he received 172,593 shares of common stock for no cash consideration through HHEP-Directional, L.P.’s pro rata distribution of shares to its limited partners. Following this transaction, he directly holds 312,896 shares of Drilling Tools International common stock.

Positive

  • None.

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Insider Neuman Eric C
Role Director
Type Security Shares Price Value
Other Common Stock 172,593 $0.00 --
holding Restricted Stock Units -- -- --
Holdings After Transaction: Common Stock — 312,896 shares (Direct); Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
  1. 172,593 shares of Drilling Tools International Corporation's ("DTI") common stock received as a result of HHEP-Directional, L.P.'s pro rata distribution of shares to its limited partners for no consideration. 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 May 13, 2026, the one-year anniversary of the grant date.
Restructuring shares received 172,593 shares Common Stock received via pro rata distribution on March 31, 2026
Shares held after transaction 312,896 shares Total direct holdings of Common Stock following March 31, 2026 transaction
Restructuring shares in summary 172,593 shares Recorded as restructuringShares in the transaction summary
RSU exercise price $0.0000 per unit Exercise price for Restricted Stock Units linked to Common Stock
RSU vesting date May 13, 2026 Footnote states RSUs vest 100% on this one-year anniversary
pro rata distribution financial
"received as a result of HHEP-Directional, L.P.'s pro rata distribution of shares"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
limited partners financial
"HHEP-Directional, L.P.'s pro rata distribution of shares to its limited partners"
Limited partners are investors who provide most of the capital to an investment partnership but do not run its day-to-day business; they have liability only up to the amount they invested. Think of them as silent backers who hire a manager to make decisions and share in profits or losses; their importance to investors lies in shaping how much money a fund can deploy, the risk and return profile they receive, and the liquidity and fees associated with that investment.
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
"Each restricted stock unit represents a contingent right to receive one share"
other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
SEC Form 4
FORM 4UNITED 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*
Neuman Eric C

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026J(1)172,593A$0312,896D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2) (2) (2)Common Stock(2)28,626D
Explanation of Responses:
1. 172,593 shares of Drilling Tools International Corporation's ("DTI") common stock received as a result of HHEP-Directional, L.P.'s pro rata distribution of shares to its limited partners for no consideration.
2. 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 May 13, 2026, the one-year anniversary of the grant date.
/s/ Eric C. Neuman04/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did DTI director Eric C. Neuman report on this Form 4?

Eric C. Neuman reported receiving 172,593 shares of Drilling Tools International common stock on March 31, 2026. The shares came from a pro rata distribution made by HHEP-Directional, L.P. to its limited partners for no consideration, rather than from a market purchase.

Did Eric C. Neuman buy or sell Drilling Tools International (DTI) shares on the open market?

The filing does not show any open-market buys or sells. Instead, Neuman’s 172,593 additional shares were received via a pro rata distribution from HHEP-Directional, L.P. for no consideration, classified as an “other acquisition or disposition” transaction with code J.

How many Drilling Tools International (DTI) shares does Eric C. Neuman hold after this transaction?

After the reported transaction, Eric C. Neuman directly holds 312,896 shares of Drilling Tools International common stock. This total reflects the addition of 172,593 shares received through a pro rata distribution from HHEP-Directional, L.P. to its limited partners.

What does the restructuring count in the DTI Form 4 transaction summary represent?

The restructuring count reflects one non-market transaction involving 172,593 shares. It is linked to a code J “other acquisition or disposition,” where shares were redistributed from HHEP-Directional, L.P. to limited partners, including Neuman, as a pro rata distribution with no cash changing hands.

How are restricted stock units described in this Drilling Tools International (DTI) filing?

The filing explains that each restricted stock unit represents a contingent right to receive one share of DTI common stock. It notes that such restricted stock units vest 100% on May 13, 2026, which is identified as the one-year anniversary of the grant date.
Drilling Tools International Corporation

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