Patterson-UTI insider sells 120K shares at $12.75

EVP and General Counsel Seth David Wexler reported a single net sale of 120,000 PTEN shares, leaving him with 404,582 directly held shares.

Rhea-AI Filing Summary

PATTERSON UTI ENERGY INC (PTEN) insider Seth David Wexler, EVP, General Counsel & Secretary, sold 120,000 shares of common stock on September 1, 2026 in an open-market or private transaction at a weighted average price of $12.75 per share, and directly held 404,582 shares afterward. The transaction was not reported as made under a Rule 10b5-1 trading plan and involved multiple trades between $12.75 and $12.76 per share.

Insider Trade Summary

Net Seller: 120,000 shares

Net Sell 1 txn

Insider Wexler Seth David

Role EVP, General Counsel&Secretary

Sold 120,000 shs ($1.53M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	120,000	$12.75	$1.53M

Holdings After Transaction: Common Stock — 404,582 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 $12.75 to $12.76, 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: 120,000 shares Weighted average sale price: $12.75 per share Shares held after transaction: 404,582 shares +1 more

4 metrics

Shares sold 120,000 shares Non-derivative sale of common stock on September 1, 2026

Weighted average sale price $12.75 per share Common stock sale on September 1, 2026; trades ranged from $12.75 to $12.76

Shares held after transaction 404,582 shares Directly owned common stock following the September 1, 2026 sale

Net buy/sell shares -120,000 shares Net insider activity in this Form 4, all from one sale

Key Terms

weighted average price, open market or private transaction, Rule 10b5-1

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"

Rule 10b5-1 regulatory

"The transaction was not reported as made under a Rule 10b5-1 trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

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

What insider transaction did PTEN executive Seth David Wexler report on this Form 4?

He reported a sale of 120,000 shares of Patterson-UTI Energy, Inc. common stock on September 1, 2026 in a non-derivative transaction described as an open-market or private sale.

At what price were the PTEN shares sold in Seth David Wexler’s Form 4 filing?

The filing reports a weighted average price of $12.75 per share. A footnote explains the shares were sold in multiple transactions with prices ranging from $12.75 to $12.76 per share, inclusive.

How many PTEN shares does Seth David Wexler hold after this reported sale?

After the reported sale, Seth David Wexler directly held 404,582 shares of Patterson-UTI Energy, Inc. common stock, according to the post-transaction holdings figure in the filing.

Was Seth David Wexler’s PTEN stock sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked for this filing, so no Rule 10b5-1 trading plan is reported in connection with this transaction.

What is the overall direction of insider trading activity reported for PTEN in this Form 4?

The Form 4 shows one net sale transaction totaling 120,000 shares sold of Patterson-UTI Energy, Inc. common stock, with no reported purchases or derivative exercises.

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

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Available on EDGAR 09/03/2026 - 05:50 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^*

Wexler Seth David

(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)
	EVP, General Counsel&Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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	09/01/2026		S		120,000	D	$12.75(1)	404,582	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 $12.75 to $12.76, 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 6/11/2013 /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)