PTEN affiliate files Form 144 to sell 150,000 shares

PTEN affiliate files a Form 144 reporting the proposed sale of 150,000 shares.

Rhea-AI Filing Summary

PTEN affiliate files a Form 144 reporting the proposed sale of 150,000 shares. The notice lists the broker as Merrill and includes an amount of $1,720,205.10 alongside the share count. The filing enumerates multiple previously issued equity compensation lots by grant date and size.

Insights

Capital Markets Counsel

Routine affiliate resale notice under Section 144; procedural disclosure, not a company action.

The filing documents a proposed resale of 150,000 shares through Merrill, listing an associated amount of $1,720,205.10. The entry is a brokered resale notice commonly used by affiliates to satisfy resale-reporting requirements.

The practical effect depends on whether and when the affiliate actually sells. Subsequent broker reports or Form 4/Form 5 may show executed trades; timing and cash‑flow treatment are not specified in the excerpt.

Key Figures

Shares reported for resale: 150,000 shares Associated dollar amount: $1,720,205.10 Filing date: 05/28/2026 +3 more

6 metrics

Shares reported for resale 150,000 shares listed alongside broker Merrill in filing

Associated dollar amount $1,720,205.10 value shown adjacent to 150,000 share line

Filing date 05/28/2026 date shown next to exchange listing (NASDAQ)

Grant example — 06/09/2018 15,567 shares equity compensation lot listed in the filing

Grant example — 05/05/2023 24,177 shares equity compensation lot listed in the filing

Grant example — 04/07/2021 18,710 shares equity compensation lot listed in the filing

Key Terms

Form 144, Equity Compensation, Issuer

3 terms

Form 144 regulatory

"the proposed sale line showing broker and share count"

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.

Equity Compensation financial

"repeated next to grant dates and share counts"

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.

Issuer regulatory

"appears as the recipient/label for several grant entries"

FAQ

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

What does PTEN's Form 144 report?

The Form 144 reports a proposed resale of 150,000 shares by an affiliate, with a listed amount of $1,720,205.10. It includes broker information (Merrill) and grant‑date line items for previously issued equity compensation.

Does the Form 144 mean PTEN is issuing new shares?

No. The filing lists a resale by an affiliate of existing common shares, not a new issuance by the company. The entries refer to prior equity compensation grants with specific grant dates and share counts.

Will PTEN receive proceeds from the sale reported on Form 144?

The Form 144 shows a proposed sale by an affiliate; it does not state that the company will receive proceeds. Cash‑flow treatment is not specified in the provided excerpt.

Where can I find the dates and sizes of the underlying grants?

The excerpt lists multiple equity compensation grant dates and sizes, for example 05/02/2018 — 60 shares, 06/09/2018 — 15,567 shares, and 05/05/2023 — 24,177 shares as shown in the filing.

Does this Form 144 confirm the shares have been sold?

No. Form 144 is a notice of a proposed resale by an affiliate. Execution of any sale is not confirmed in this excerpt; subsequent broker reports or filing amendments would show executed transactions.

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

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Accepted by SEC EDGAR 05/28/2026 - 03:09 PM 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	0001538623
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
SEC File Number	001-39270
Address of Issuer	10713 W Sam Houston Pkwy N Ste 800 Houston TEXAS 77064
Phone	2817657100
Name of Person for Whose Account the Securities are To Be Sold	James M Holcomb
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

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	Merrill 9595 Six Pines Drive Ste 8380 The Woodlands TX 77380	150000	1720205.1	379617653	05/28/2026	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	05/02/2018	Equity Compensation	Issuer			60	05/02/2018	Equity Compensation
Common	06/09/2018	Equity Compensation	Issuer			15567	06/09/2018	Equity Compensation
Common	07/12/2018	Equity Compensation	Issuer			11523	07/12/2018	Equity Compensation
Common	04/24/2020	Equity Compensation	Issuer			12128	04/24/2020	Equity Compensation
Common	04/24/2020	Equity Compensation	Issuer			12129	04/24/2020	Equity Compensation
Common	04/24/2020	Equity Compensation	Issuer			8941	04/24/2020	Equity Compensation
Common	07/12/2020	Equity Compensation	Issuer			1103	07/12/2020	Equity Compensation
Common	07/12/2020	Equity Compensation	Issuer			13270	07/12/2020	Equity Compensation
Common	04/07/2021	Equity Compensation	Issuer			18710	04/07/2021	Equity Compensation
Common	04/23/2021	Equity Compensation	Issuer			9355	04/23/2021	Equity Compensation
Common	04/26/2022	Equity Compensation	Issuer			8037	04/26/2022	Equity Compensation
Common	04/27/2022	Equity Compensation	Issuer			15000	04/27/2022	Equity Compensation
Common	05/05/2023	Equity Compensation	Issuer			24177	05/05/2023	Equity 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	05/28/2026
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	James M Holcomb
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)