Patterson-UTI CEO plans sale of 250,000 shares

Patterson-UTI Energy, Inc. (PTEN) received a Rule 144 notice that President and CEO William A. Hendricks, through J.P.

Available on EDGAR 09/18/2026 - 04:35 PM EDT Accepted by SEC EDGAR 09/18/2026 - 04:35 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Patterson-UTI Energy, Inc. (PTEN) received a Rule 144 notice that President and CEO William A. Hendricks, through J.P. Morgan Securities LLC as agent and attorney-in-fact, intends to sell 250,000 shares of common stock on or about September 18, 2026. The filing lists an aggregate market value of approximately $3,007,500 for these shares and reports 381,384,874 common shares outstanding as of that sale date. The shares to be sold were acquired as compensation from the issuer on March 14, 2022.

The filing also reports that in the prior three months, 250,000 common shares of Patterson-UTI Energy were sold on September 2, 2026 for total proceeds of approximately $3,231,275.

Key Figures

Planned shares to be sold: 250,000 shares Aggregate market value of planned sale: $3,007,500 Shares outstanding: 381,384,874 shares +4 more

7 metrics

Planned shares to be sold 250,000 shares Common stock to be sold for the account of William A. Hendricks under Rule 144

Aggregate market value of planned sale $3,007,500 Estimated value for 250,000 PTEN shares in the planned Rule 144 transaction

Shares outstanding 381,384,874 shares Patterson-UTI Energy common shares outstanding as of the planned sale date September 18, 2026

Prior 3-month shares sold 250,000 shares Common shares sold on September 2, 2026 for the account of William A. Hendricks

Proceeds from prior sale $3,231,275 Total consideration for the September 2, 2026 sale of 250,000 PTEN shares

Acquisition date of shares to be sold March 14, 2022 Date the 250,000 PTEN shares were acquired as compensation from the issuer

Proposed sale date September 18, 2026 Approximate date of the planned Rule 144 sale of 250,000 PTEN shares

Key Terms

Rule 144, aggregate market value, attorney-in-fact

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

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.

aggregate market value financial

"250000 | 3007500 | 381384874 | 09/18/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

attorney-in-fact regulatory

"as agent and attorney-in-fact for William A. Hendricks"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

What does the Form 144 filing for PTEN disclose?

It discloses that Patterson-UTI Energy’s President and CEO, William A. Hendricks, plans to sell 250,000 common shares under Rule 144 through J.P. Morgan Securities LLC, with an indicated aggregate market value of about $3,007,500 as of the planned sale date.

How many Patterson-UTI Energy (PTEN) shares are planned to be sold under this Rule 144 notice?

The notice covers up to 250,000 shares of common stock of Patterson-UTI Energy, Inc. to be sold for the account of President and CEO William A. Hendricks through J.P. Morgan Securities LLC.

What is the approximate dollar value of the PTEN shares covered by this Form 144?

The filing lists an aggregate market value of approximately $3,007,500 for the 250,000 shares of Patterson-UTI Energy common stock proposed to be sold under Rule 144.

When are the PTEN shares expected to be sold under this Form 144?

The proposed sale date for the 250,000 Patterson-UTI Energy shares is listed as September 18, 2026, which is the date associated with the planned Rule 144 transaction.

How many Patterson-UTI Energy (PTEN) shares were outstanding at the time of the planned Rule 144 sale?

The notice states that there were 381,384,874 shares of common stock outstanding as of the planned sale date of September 18, 2026.

What prior PTEN share sales by the same person are disclosed in the last three months?

The filing reports that 250,000 Patterson-UTI Energy common shares were sold on September 2, 2026 for total proceeds of approximately $3,231,275 for the account of William A. Hendricks.

How and when did the PTEN shares to be sold under Form 144 originate?

The 250,000 PTEN shares covered by the planned Rule 144 sale are reported as having been acquired as compensation from the issuer on March 14, 2022.

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

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001546374
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Patterson-UTI Energy, Inc.
SEC File Number	001-39270
Address of Issuer	10713 W. Sam Houston PKWY N, Suite 800 Houston TEXAS 77064
Phone	281-765-7100
Name of Person for Whose Account the Securities are To Be Sold	William A. Hendricks
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	President & CEO

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	J.P. Morgan Securities LLC 270 Park Avenue - 10th Floor New York NY 10017	250000	3007500	381384874	09/18/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/14/2022	Compensation	Issuer			250000	03/14/2022	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
William Hendricks 10713 WEST SAM HOUSTON PARKWAY NORTH Suite 800 Houston TX 77064	Common	09/02/2026	250000	3231275

144: Remarks and Signature

Remarks
Date of Notice	09/18/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/18/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for William A. Hendricks
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)