DTI director receives 172,593 shares in restructuring
Drilling Tools International Corp director Eric C. Neuman reported an internal equity restructuring rather than an open-market trade.
Sentiment and the balance of points
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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.
Insider Trade Summary
Other: 172,593 shares
Other
2 txns
Insider
Neuman Eric C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 172,593 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 312,896 shares (Direct);
Restricted Stock Units — 0 contracts (Direct)
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Restructuring shares received: 172,593 shares
Shares held after transaction: 312,896 shares
Restructuring shares in summary: 172,593 shares
+2 more
5 metrics
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
Key Terms
pro rata distribution, limited partners, Restricted Stock Units, contingent right, +1 more
5 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
