Patterson-UTI CEO sells 250,000 shares at $12.93

Patterson-UTI Energy’s CEO sold 250,000 PTEN shares and now directly holds about 2.29 million shares.

Rhea-AI Filing Summary

PATTERSON UTI ENERGY INC (PTEN) President & CEO William Andrew Hendricks Jr reported selling 250,000 shares of common stock on September 2, 2026 in a sale characterized as an open market or private transaction at a weighted average price of $12.93 per share, with individual trades ranging from $12.90 to $12.96. Following this transaction, he directly holds 2,292,474 shares of PTEN common stock, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 250,000 shares

Net Sell 1 txn

Insider Hendricks William Andrew JR

Role President & CEO

Sold 250,000 shs ($3.23M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	250,000	$12.93	$3.23M

Holdings After Transaction: Common Stock — 2,292,474 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.90 to $12.96, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 250,000 shares Weighted average sale price: $12.93 per share Sale price range: $12.90–$12.96 per share +2 more

5 metrics

Shares sold 250,000 shares Common Stock sold by CEO on September 2, 2026

Weighted average sale price $12.93 per share Average price for the 250,000-share sale

Sale price range $12.90–$12.96 per share Range of prices for multiple trades in the reported sale

Shares held after transaction 2,292,474 shares Direct PTEN common stock holdings of CEO after the sale

Transactions reported 1 transaction Single non-derivative sale reported in this Form 4

Key Terms

weighted average price, open market or private transaction, non-derivative

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Sale in open market or private transaction for Common Stock."

non-derivative financial

"The transaction was reported as a non-derivative security trade."

FAQ

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

What insider transaction did PTEN report for its CEO?

Patterson-UTI Energy’s President & CEO William Andrew Hendricks Jr sold 250,000 shares of PTEN common stock on September 2, 2026 in a sale reported as an open market or private transaction.

At what price did the PTEN CEO sell shares in this Form 4 filing?

The sale was reported at a weighted average price of $12.93 per share, with individual trades executed in a price range from $12.90 to $12.96, as disclosed in the transaction footnote.

How many PTEN shares does the CEO hold after this reported sale?

After the transaction, William Andrew Hendricks Jr is reported to directly hold 2,292,474 shares of Patterson-UTI Energy common stock, according to the post-transaction ownership figure in the filing.

Was the PTEN CEO’s share sale made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the 250,000-share sale was made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged program.

What type of security was involved in the PTEN CEO’s Form 4 transaction?

The transaction involved Common Stock of Patterson-UTI Energy Inc., reported as a non-derivative security, meaning it was a direct trade in the company’s shares rather than in options or other derivative instruments.

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

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Available on EDGAR 09/03/2026 - 05:49 PM EDT Accepted by SEC EDGAR 09/03/2026 - 05:45 PM EDT Learn about SEC filing dates

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^*

Hendricks William Andrew JR

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

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	09/02/2026		S		250,000	D	$12.93(1)	2,292,474	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.90 to $12.96, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 4/24/2013 /s/ Forrest Robinson	09/03/2026
	** 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)