Robert Drummond reports PTEN share sales (PTEN) in Form 144 filing

Rhea-AI Filing Summary

PTEN reported insider share dispositions by Robert W. Drummond Jr. The filing lists sales of 400,000 shares on 02/13/2026 for $3,268,400, 65,000 shares on 03/16/2026 for $661,752, and 99,775 shares on 03/16/2026 for $1,015,589.77. The filing also lists Restricted Stock Units acquired on prior dates and shows 379,617,653 shares outstanding as of 05/01/2026.

Key Figures

Sale - 02/13/2026: 400,000 shares Sale - 03/16/2026 (block 1): 65,000 shares Sale - 03/16/2026 (block 2): 99,775 shares +5 more

8 metrics

Sale - 02/13/2026 400,000 shares Sold for $3,268,400 on 02/13/2026

Sale - 03/16/2026 (block 1) 65,000 shares Sold for $661,752 on 03/16/2026

Sale - 03/16/2026 (block 2) 99,775 shares Sold for $1,015,589.77 on 03/16/2026

Shares outstanding 379,617,653 shares as of 05/01/2026

RSUs acquired 09/01/2023 150,225 shares Acquired as compensation — Restricted Stock Units

RSUs acquired 01/02/2022 97,134 shares Acquired as compensation — Restricted Stock Units

RSUs acquired 12/31/2021 73,943 shares Acquired as compensation — Restricted Stock Units

RSUs acquired 01/02/2022 (additional) 62,872 shares Acquired as compensation — Restricted Stock Units

Key Terms

Restricted Stock Units, Form 144, Issuer

3 terms

Restricted Stock Units financial

"Acquired as compensation -- Restricted Stock Units"

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.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Issuer regulatory

"Acquired as compensation -- Restricted Stock Units | Issuer"

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	384174	4606246.26	379617653	05/01/2026	NASD

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	09/01/2023	Acquired as compensation -- Restricted Stock Units	Issuer			150225	09/01/2023	Compensation
Common	01/02/2022	Acquired as compensation -- Restricted Stock Units	Issuer			97134	01/02/2022	Compensation
Common	12/31/2021	Acquired as compensation -- Restricted Stock Units	Issuer			73943	12/31/2021	Compensation
Common	01/02/2022	Acquired as compensation -- Restricted Stock Units	Issuer			62872	01/02/2022	Compensation

* 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
Robert W. Drummond Jr. 10713 W. Sam Houston Pkwy N Suite 800 Houston TX 77064	Common	02/13/2026	400000	3268400
Robert W. Drummond Jr. 10713 W. Sam Houston Pkwy N Suite 800 Houston TX 77064	Common	03/16/2026	65000	661752
Robert W. Drummond Jr. 10713 W. Sam Houston Pkwy N Suite 800 Houston TX 77064	Common	03/16/2026	99775	1015589.77

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider sales did PTEN report in this Form 144?

Robert W. Drummond Jr. sold three blocks of PTEN stock. The filing lists sales of 400,000 shares on 02/13/2026 for $3,268,400, 65,000 shares on 03/16/2026 for $661,752, and 99,775 shares on 03/16/2026 for $1,015,589.77.

How many PTEN shares were outstanding according to the filing?

Shares outstanding were 379,617,653 as of 05/01/2026. That figure appears on the filing's issuer/securities line and provides a baseline for the company’s listed share count as of that date.

Were the sold shares tied to compensation awards or RSUs in the filing?

The filing lists Restricted Stock Units (RSUs) acquired as compensation on several dates. The RSU entries include amounts such as 150,225; 97,134; 73,943; and 62,872 shares with acquisition dates shown in 2021–2023.

What proceeds were recorded for the largest sale in the filing?

The largest single sale reported was 400,000 shares on 02/13/2026 for $3,268,400. That proceeds amount is shown in the sale row associated with Robert W. Drummond Jr.