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Precision Drilling officer proposes $1.08M share sale

The stated aggregate market value is $1,080,000, alongside an issuer share count of 12,932,399.

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Form Type
144

Rhea-AI Filing Summary

Precision Drilling Corp. officer Darren Ruhr reported a proposed sale of 10,000 common shares, with Charles Schwab Corp identified as the broker. The securities information lists an aggregate market value of $1,080,000, 12,932,399 shares outstanding, and an approximate sale date of October 29, 2026. The acquisition entries include employee-compensation shares dated March 30, 2022, February 13, 2023, and February 12, 2024.

Proposed sale 10,000 common shares Darren Ruhr; approximate sale date October 29, 2026
Aggregate market value $1,080,000 Proposed sale of common shares
Shares outstanding 12,932,399 shares Issuer share count listed with the proposed sale
Rule 144 regulatory
"sales are required by paragraph (e) of Rule 144 to be aggregated"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Employee Compensation financial
"Employee Compensation"
Equity Compensation financial
"Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PDS shares did Darren Ruhr propose to sell?

Darren Ruhr, identified as an officer, reported a proposed sale of 10,000 common shares. The stated aggregate market value is $1,080,000, and Charles Schwab Corp is identified as the broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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