Patterson-UTI CAO sells 13,670 shares at $12

PATTERSON-UTI Energy’s Chief Accounting Officer Forrest C. Robinson reported several stock transactions.

Accepted by SEC EDGAR 06/10/2026 - 05:16 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PATTERSON-UTI Energy’s Chief Accounting Officer Forrest C. Robinson reported several stock transactions. On June 8, 2026, he completed an open-market sale of 13,670 shares of common stock at $12.01 per share. On June 9, 2026, 5,749 shares were disposed of to cover withholding taxes on restricted stock units that converted into common stock, and he received a grant of 20,833 restricted stock units that convert into common shares on a one-for-one basis. After these transactions, Robinson directly held 71,926 shares of PATTERSON-UTI common stock, with the new restricted stock units vesting in three equal installments on June 9 of 2027, 2028 and 2029.

Insider Trade Summary

Net Seller: 13,670 shares

Net Sell 3 txns

Insider Robinson Forrest C

Role Chief Accounting Officer

Sold 13,670 shs ($164K)

Share of Position Sold 19.4%

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,833	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	5,749	$11.90	$68K
Sale	Common Stock	13,670	$12.01	$164K

Holdings After Transaction: Common Stock — 71,926 shares (Direct)

Holdings Before and After: Common Stock, 70,512 to 71,926 shares (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of June 9, 2027, June 9, 2028 and June 9, 2029.
2. F2. Shares disposed to pay applicable withholding taxes on restricted stock units converted into Common Stock on June 9, 2026.

Key Figures

Open-market sale: 13,670 shares at $12.01 Tax-withholding shares: 5,749 shares at $11.90 RSU grant: 20,833 restricted stock units +2 more

5 metrics

Open-market sale 13,670 shares at $12.01 Common stock sale on June 8, 2026

Tax-withholding shares 5,749 shares at $11.90 Disposition to cover RSU withholding taxes on June 9, 2026

RSU grant 20,833 restricted stock units Award on June 9, 2026, one-for-one into common stock

Post-transaction holdings 77,675 shares Direct common stock ownership following all reported transactions

RSU vesting schedule One-third each year Vests on June 9 of 2027, 2028, and 2029

Key Terms

Restricted stock units, open-market sale, tax-withholding disposition, grant/award acquisition, +1 more

5 terms

Restricted stock units financial

"Restricted stock units that convert into shares of the Issuer's common stock"

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.

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

grant/award acquisition financial

"Grant, award, or other acquisition"

Chief Accounting Officer financial

"officer_title": "Chief Accounting Officer"

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Robinson Forrest C

(Last) (First) (Middle)

10713 W SAM HOUSTON PKWY N

SUITE 800

(Street)

HOUSTON TEXAS 77064

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PATTERSON UTI ENERGY INC [ PTEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		S		13,670	D	$12.01	56,842	D
Common Stock	06/09/2026		A		20,833(1)	A	$0	77,675	D
Common Stock	06/09/2026		F		5,749(2)	D	$11.9	71,926	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of June 9, 2027, June 9, 2028 and June 9, 2029.

2. Shares disposed to pay applicable withholding taxes on restricted stock units converted into Common Stock on June 9, 2026.

Remarks:

	/s/Forrest Robinson	06/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)