Patterson-UTI director sells 200K shares at $12.85

A PTEN director disclosed open-market sales totaling 200,000 common shares around $12.85 in early September 2026.

Rhea-AI Filing Summary

PATTERSON UTI ENERGY INC (PTEN) director Robert Wayne Drummond Jr reported selling a total of 200,000 shares of common stock in early September 2026. On September 2, 2026, he sold 198,395 shares at a weighted average price of $12.85 per share in trades ranging from $12.85 to $12.86, and on September 1, 2026 he sold 1,605 shares at $12.85 per share. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 200,000 shares

Net Sell 2 txns

Insider Drummond Robert Wayne Jr

Role Director

Sold 200,000 shs ($2.57M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	198,395	$12.85	$2.55M
Sale	Common Stock	1,605	$12.85	$21K

Holdings After Transaction: Common Stock — 928,773 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 $12.85 to $12.86, 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

Total shares sold: 200,000 shares Shares sold on September 2, 2026: 198,395 shares Shares sold on September 1, 2026: 1,605 shares +2 more

5 metrics

Total shares sold 200,000 shares Combined sales reported for September 1–2, 2026

Shares sold on September 2, 2026 198,395 shares Common stock sold by director in open-market or private transactions

Shares sold on September 1, 2026 1,605 shares Common stock sold by director

Weighted average sale price $12.85 per share For the 198,395-share sale on September 2, 2026

Price range for large sale $12.85–$12.86 per share Range of execution prices within the 198,395-share transaction

Key Terms

weighted average price, open market or private transaction, beneficially owned following the transaction

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"

beneficially owned following the transaction financial

"shares beneficially owned following the transaction field blank"

FAQ

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

What insider transaction did PTEN disclose in this Form 4?

PTEN disclosed that director Robert Wayne Drummond Jr sold a total of 200,000 shares of Patterson-UTI Energy common stock in open-market or private transactions on September 1 and 2, 2026.

How many PTEN shares did the director sell on each date?

On September 2, 2026, the director sold 198,395 shares. On September 1, 2026, he sold an additional 1,605 shares, for a combined total of 200,000 shares of Patterson-UTI Energy common stock.

At what prices were the PTEN shares sold in this Form 4?

The Form 4 reports a price of $12.85 per share for both transactions. For the 198,395-share sale on September 2, 2026, this is a weighted average price for trades executed between $12.85 and $12.86 per share.

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

No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes do not describe any Rule 10b5-1 trading plan, so no pre-arranged trading plan is reported for these transactions.

Does the Form 4 state how many PTEN shares the director owns after these sales?

No. For both reported transactions, the Form 4 leaves the shares beneficially owned following the transaction field blank, so it does not state the director’s remaining holdings after these sales.

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

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Available on EDGAR 09/03/2026 - 05:51 PM EDT Accepted by SEC EDGAR 09/03/2026 - 05:46 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^*

Drummond Robert Wayne 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
	Officer (give title below)		Other (specify below)

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		1,605	D	$12.85	1,127,168	D
Common Stock	09/02/2026		S		198,395	D	$12.85(1)	928,773	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 $12.85 to $12.86, 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 09/06/2023 /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)