Welcome to our dedicated page for Drilling Tools International SEC filings (Ticker: DTI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Drilling Tools International's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Drilling Tools International's regulatory disclosures and financial reporting.
Drilling Tools International Corporation director and Vice President of Sales Aldo Rodriguez was granted 102,000 restricted stock units (RSUs) on 02/28/2025. Each RSU represents a contingent right to one share of the company's common stock and vests in substantially equal installments on each of the first four anniversaries of the grant date, resulting in 25% vesting each year if vesting conditions are met. Following the grant, Rodriguez beneficially owns 102,000 shares on a direct basis. The RSUs carry a stated $0 purchase price, reflecting they are a compensation grant rather than a cash purchase. The Form 4 was signed by an attorney in fact on 09/16/2025.
Insider transactions at Drilling Tools International Corp (DTI): Director C. Richard Vermillion reported multiple acquisitions of common stock and restricted stock units in May 2024 and May 2025. On 05/14/2024 he acquired 18,610 shares and 18,610 restricted stock units that vested immediately, resulting in 18,610 shares held directly after that transaction. MV Partners I, LP is disclosed as holding 399,944 shares as of 05/14/2024; that LP reported 363,644 shares as of 05/15/2025. Additional RSU grants and vesting dates are reported, including 13,712 shares acquired on 05/14/2025 and a 28,626 RSU grant vesting on 05/13/2025. The reporting person is sole owner and chairman of MV Partners, Inc., the general partner of MV Partners.
Insider transactions for Drilling Tools International Corp (DTI): John D. Furst, a director and trustee, reported multiple acquisitions of common stock and restricted stock units received primarily for no cash consideration. On 05/14/2024 he received 18,610 shares and 18,610 RSUs that vested immediately. Pro rata distributions from HHEP Directional, L.P. added 44,300 shares (09/13/2024), 63,939 shares (06/06/2025) and 36,227 shares (09/12/2025). Post-transactions his direct beneficial ownership totals 32,322 shares and indirect holdings via JDF Long Term Trust total at least 144,466 shares; 118,252 shares are noted as held by Oak Stream Investors II, Ltd., of which he disclaims beneficial ownership except pecuniary interest.
Drilling Tools International Corp (DTI) Form 4 reports a grant of 30,000 Restricted Stock Units (RSUs) to reporting person David Stephenson, identified as Vice President - Eastern Hemisphere and an officer. The RSUs were granted on 02/28/2025 and represent contingent rights to receive one share of common stock per unit. The award vests in substantially equal installments on each of the first four anniversaries of the grant date, and the reporting person is shown as beneficially owning 30,000 shares following the transaction. The award has an indicated price of $0. The Form is signed by an attorney-in-fact on 09/16/2025.
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.
Robert Wayne Prejean, the Chief Executive Officer and a director of Drilling Tools International Corporation (DTI), was granted 284,360 Restricted Stock Units (RSUs) on 02/19/2025. Each RSU represents a contingent right to one share of DTI common stock and the RSUs vest in substantially equal installments on each of the first four anniversaries of the grant date. The report shows 284,360 shares beneficially owned following the transaction and lists the price as $0 for the award. The Form 4 is signed by Prejean on 09/15/2025.
Drilling Tools International Corp (DTI) reported a Form 4 showing that David Richard Johnson, the company's Chief Financial Officer, was granted 123,855 restricted stock units (RSUs) on 02/19/2025. Each RSU represents a contingent right to receive one share of common stock and the units vest in substantially equal installments on each of the first four anniversaries of the grant date. Following the grant, Mr. Johnson is recorded as beneficially owning 123,855 shares attributable to these RSUs. The form is signed by the reporting person on 09/15/2025.
Drilling Tools International reported net revenue of $39.4 million for the quarter and $82.3 million for the six months, led by higher tool rental revenue. The company recorded a quarterly net loss of $2.4 million (basic and diluted loss per share $0.07) and a six-month net loss of $4.08 million (loss per share $0.11). Cash declined to $1.145 million from $6.185 million at year-end and the company had $33.1 million drawn on its revolving credit facility; total long-term debt was $56.9 million with $35.7 million maturing in 2029. Total assets were $230.3 million and shareholders' equity was $122.5 million. The period included multiple acquisitions that increased intangible assets to $44.5 million and goodwill to $14.7 million, and management recorded a $1.9 million goodwill impairment related to the post-reorganization reporting units.
Drilling Tools International Corporation furnished an 8-K to share that it has released its financial and operating results for the second quarter ended June 30, 2025. The company states that it issued a press release with these results, which is attached as Exhibit 99.1 and incorporated by reference. The company also clarifies that the information provided under this report and its exhibits is being furnished, not filed, so it is not subject to certain liability provisions of the Exchange Act or automatically incorporated into other Securities Act or Exchange Act filings.