Drilling Tools (DTI) Insider Grant — 60,000 RSUs to Vice President
Rhea-AI Filing Summary
Drilling Tools International Corp (DTI) reported a grant of 60,000 restricted stock units (RSUs) to Trent Pope, who is identified as Vice President - Wellbore Optimization and an officer/director. Each RSU represents a contingent right to receive one share of the company's common stock. The award was granted on 02/28/2025 and vests in substantially equal installments on each of the first four anniversaries of the grant date. Following the grant, Mr. Pope beneficially owns 60,000 shares subject to the RSUs; ownership is reported as direct. The Form 4 was signed by an attorney-in-fact on 09/16/2025.
Positive
- 60,000 RSU grant to an officer is disclosed, increasing transparency of insider compensation
- Four-year vesting schedule aligns the officer's incentives with long-term shareholder interests
Negative
- None.
Insights
TL;DR: A standard officer equity grant: 60,000 RSUs vesting over four years aligns pay with long-term performance.
The grant of 60,000 restricted stock units to the Vice President - Wellbore Optimization is a routine equity-based compensation action disclosed on Form 4. The RSUs convert to common shares on vesting and are reported as a direct beneficial ownership of 60,000 units. The four-year annual vesting schedule is commonly used to promote retention and tie executive incentives to multi-year shareholder outcomes. The filing contains no additional cash exercise price or accelerated vesting terms.
TL;DR: Insider received a time‑based equity award; filing documents the transaction and ownership but no market-moving detail.
The Form 4 discloses a single non-derivative grant of RSUs on 02/28/2025 with 60,000 underlying shares and a vesting schedule over four years. The report follows Section 16 reporting requirements and is executed by an attorney-in-fact. There are no derivative conversion prices, dispositions, or other transactions reported that would materially alter outstanding share count beyond the contingent RSUs described.