Drilling Tools (DTI) director Neuman exercises 28,626 RSUs, holds 341,522 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Drilling Tools International director Eric C. Neuman exercised equity awards and increased his direct common stock holdings. On May 13, 2026, he exercised restricted stock units representing 28,626 shares of common stock at an exercise price of $0.00 per share, reflecting vested compensation rather than an open‑market purchase. Following the transaction, he directly holds 341,522 shares of Drilling Tools International common stock. Footnotes explain that each restricted stock unit converts into one share of common stock and that one award vested 100% on May 13, 2026, with a separate award scheduled to vest 100% on April 28, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,626 shares exercised/converted
Mixed
3 txns
Insider
Neuman Eric C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,626 | $0.00 | -- |
| Exercise | Common Stock | 28,626 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 341,522 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. The restricted stock units vested 100% on May 13, 2026, the one-year anniversary of the grant date. The restricted stock units vest 100% on April 28, 2027, the one-year anniversary of the grant date.
Key Figures
RSUs exercised: 28,626 shares
Post-transaction holdings: 341,522 shares
Exercise price: $0.00 per share
+2 more
5 metrics
RSUs exercised
28,626 shares
Restricted stock units converted to common stock on May 13, 2026
Post-transaction holdings
341,522 shares
Common stock directly held after transactions
Exercise price
$0.00 per share
Conversion of restricted stock units into common stock
Vesting date 1
May 13, 2026
RSU grant that vested 100% on this date
Vesting date 2
April 28, 2027
Separate RSU grant scheduled to vest 100% on this date
Key Terms
Restricted Stock Units, derivative security, contingent right, vested 100%
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock."
vested 100% financial
"The restricted stock units vested 100% on May 13, 2026, the one-year anniversary of the grant date."
FAQ
What insider transaction did Eric C. Neuman report for Drilling Tools International (DTI)?
Eric C. Neuman reported exercising restricted stock units into common shares, not buying shares on the open market. The Form 4 shows derivative equity awards converting into stock as part of his compensation rather than discretionary trading in Drilling Tools International (DTI) shares.
What are restricted stock units (RSUs) in the Drilling Tools International (DTI) Form 4?
In this Drilling Tools International (DTI) filing, each restricted stock unit represents a contingent right to receive one share of common stock. When vesting conditions are met, the RSUs convert into shares, as shown by Eric C. Neuman’s 28,626-unit exercise into the same number of common shares.
When do Eric C. Neuman’s Drilling Tools International (DTI) restricted stock units vest?
One grant of Drilling Tools International restricted stock units vested 100% on May 13, 2026, the one-year anniversary of its grant date. A separate grant is scheduled to vest 100% on April 28, 2027, also on its one-year anniversary, according to the Form 4 footnotes.
Does the Drilling Tools International (DTI) Form 4 show any stock sales by Eric C. Neuman?
The Form 4 for Drilling Tools International (DTI) does not report any open‑market stock sales by Eric C. Neuman. It instead shows the exercise of restricted stock units into common shares, a typical equity compensation vesting event without a concurrent disposition of shares.