Patterson-UTI director sells 207K shares at $11.54

PATTERSON UTI ENERGY INC (PTEN) director James Carl Stewart, through JCS Partners LP, reported a sale of 207,000 shares of common stock on August 25, 2026.

Rhea-AI Filing Summary

PATTERSON UTI ENERGY INC (PTEN) director James Carl Stewart, through JCS Partners LP, reported a sale of 207,000 shares of common stock on August 25, 2026. The shares were sold at a weighted average price of $11.54 per share, in multiple trades between $11.50 and $11.60. After this indirect sale, JCS Partners LP held no PTEN shares, while Stewart continues to hold 114,116 shares directly.

Insider Trade Summary

Net Seller: 207,000 shares

Net Sell 2 txns

Insider STEWART JAMES CARL

Role Director

Sold 207,000 shs ($2.39M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	207,000	$11.54	$2.39M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Indirect, By JCS Partners LP); Common Stock — 114,116 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.50 to $11.60, 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.
2. F2. Held by JCS Partners LP, a limited partnership over which the reporting person exercises ownership and control.

Key Figures

Shares sold: 207,000 shares of Common Stock Weighted average sale price: $11.54 per share Sale price range: $11.50–$11.60 per share +2 more

5 metrics

Shares sold 207,000 shares of Common Stock Sale by JCS Partners LP on August 25, 2026

Weighted average sale price $11.54 per share Price for 207,000 shares sold on August 25, 2026

Sale price range $11.50–$11.60 per share Range of individual trade prices in the reported sale

Indirect holdings after transaction 0 shares PTEN shares held indirectly via JCS Partners LP following the sale

Direct holdings after transaction 114,116 shares PTEN common stock held directly by James Carl Stewart after August 25, 2026

Key Terms

weighted average price, limited partnership, indirect

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.

limited partnership financial

"Held by JCS Partners LP, a limited partnership over which the reporting"

A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.

indirect financial

"total_shares_following_transaction": "0.0000","direct_or_indirect": "I""

FAQ

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

What did PTEN director James Carl Stewart report in this Form 4?

He reported that an affiliated entity, JCS Partners LP, sold 207,000 PTEN common shares on August 25, 2026, at a weighted average price of $11.54 per share, with trade prices ranging from $11.50 to $11.60.

How many PTEN shares did James Carl Stewart sell and at what price?

An entity he controls sold 207,000 PTEN shares at a weighted average price of $11.54 per share, with individual trades executed between $11.50 and $11.60 per share.

Does James Carl Stewart still hold PTEN shares after this transaction?

Yes. Following the reported sale, the indirect position at JCS Partners LP was 0 shares, while James Carl Stewart continues to hold 114,116 PTEN common shares directly.

Who actually held the PTEN shares that were sold in this Form 4?

The 207,000 PTEN shares were held by JCS Partners LP, a limited partnership over which James Carl Stewart exercises ownership and control, and that entity executed the sale reported in the Form 4.

Was the PTEN insider sale done at a single price?

No. The sale was reported at a weighted average price of $11.54 per share. Footnote disclosure states the 207,000 shares were sold in multiple transactions with prices ranging from $11.50 to $11.60.

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

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Available on EDGAR 08/26/2026 - 04:26 PM EDT Accepted by SEC EDGAR 08/26/2026 - 04:25 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^*

STEWART JAMES CARL

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026

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	08/25/2026		S		207,000	D	$11.54(1)	0	I	By JCS Partners LP(2)
Common Stock								114,116	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 $11.50 to $11.60, 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.

2. Held by JCS Partners LP, a limited partnership over which the reporting person exercises ownership and control.

Remarks:

	By Forrest Robinson pursuant to a limited power of attorney filed with the SEC on 09/06/2023 /s/Forrest Robinson	08/26/2026
	** 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)