Patterson-UTI holder plans $2.4M PTEN stock sale

PATTERSON UTI ENERGY INC (PTEN) received a Rule 144 notice indicating a proposed resale of its common stock by James Stewart, acting as Manager of the General Partner of JCS Partners LP.

Rhea-AI Filing Summary

PATTERSON UTI ENERGY INC (PTEN) received a Rule 144 notice indicating a proposed resale of its common stock by James Stewart, acting as Manager of the General Partner of JCS Partners LP. The notice lists 207,000 shares of common stock to be sold through UBS Financial Services Inc. on NASDAQ, with an aggregate market value of $2,400,000 and 381,384,874 shares outstanding as represented in the notice. The securities relate to 1,839,089 shares originally acquired in the October 31, 2019 merger with NexTier. JCS Partners LP is identified as the account owner for these PTEN shares.

Key Figures

Shares to be sold: 207,000 shares of common stock Aggregate market value: $2,400,000 Shares outstanding: 381,384,874 shares +3 more

6 metrics

Shares to be sold 207,000 shares of common stock Proposed Rule 144 sale through UBS Financial Services Inc.

Aggregate market value $2,400,000 Value of 207,000 PTEN common shares listed in the notice

Shares outstanding 381,384,874 shares PTEN common shares outstanding as represented in the notice

Shares acquired in merger 1,839,089 shares PTEN common shares associated with merger with NexTier

Acquisition date October 31, 2019 Date of merger-related acquisition of PTEN shares with NexTier

Date of notice August 25, 2026 Date the Rule 144 notice is signed

Key Terms

Rule 144, aggregate market value, attorney-in-fact, Merger with NexTier

4 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

"common | UBS Financial Services Inc ... | 207000 | 2400000 |"

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 attorney-in-fact for James Stewart as Manager of General Partner"

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.

Merger with NexTier financial

"COMMON | 10/31/2019 | Merger with NexTier | Issuer |"

FAQ

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

What is being disclosed for PTEN in this Form 144 filing?

The filing discloses a proposed resale under Rule 144 of 207,000 PTEN common shares by James Stewart, as Manager of the General Partner of JCS Partners LP, through UBS Financial Services Inc. on NASDAQ, with an aggregate market value of $2,400,000.

Who is the selling security holder in the PTEN Form 144 notice?

The securities are to be sold for the account of James Stewart, acting as Manager of the General Partner of JCS Partners LP. JCS Partners LP is identified as the account owner under which the PTEN shares will be sold.

How many PTEN shares are covered by this planned Rule 144 sale?

The notice covers a proposed sale of 207,000 shares of PTEN common stock. These shares are to be sold through UBS Financial Services Inc. on NASDAQ as stated in the Rule 144 information.

What is the stated market value of the PTEN shares in this Form 144?

The notice lists an aggregate market value of $2,400,000 for the 207,000 PTEN common shares proposed to be sold under Rule 144.

How many PTEN shares are shown as outstanding in the Form 144?

The Form 144 notice reports 381,384,874 PTEN common shares outstanding. This figure is provided as part of the securities information section of the notice.

How and when were the PTEN shares originally acquired?

The notice states the PTEN common shares were acquired in a merger with NexTier, with 1,839,089 shares associated with that transaction and an acquisition date of October 31, 2019.

Who is authorized to sign for the seller in the PTEN Form 144?

The notice is signed by Mijo Suric for UBS Financial Services Inc., acting as attorney-in-fact for James Stewart as Manager of the General Partner for JCS Partners LP, dated August 25, 2026.

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

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Available on EDGAR 08/25/2026 - 12:23 PM EDT Accepted by SEC EDGAR 08/25/2026 - 12:22 PM EDT Learn about SEC filing dates

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	0001702981
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	2817657100
Name of Person for Whose Account the Securities are To Be Sold	James Stewart as Manager of General Partner for JCS Partners LP
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	Director

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	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	207000	2400000	381384874	08/25/2026	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	10/31/2019	Merger with NexTier	Issuer			1839089	10/31/2019	na-founders

* 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

Nothing to Report

144: Remarks and Signature

Remarks	James Stewart is the Manager of the General Partner of JCS Partners LP. He is also a director of PTEN. JCS Partners LP is the account owner under which these shares of PTEN will be sold.
Date of Notice	08/25/2026
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/Mijo Suric, for UBS Financial Services Inc, as attorney-in-fact for James Stewart as Manager of General Partner for JCS Partners LP
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)