PTEN director sells 12,000 Patterson-UTI shares
Patterson-UTI Energy director Tiffany Thom Cepak reported an open-market sale of common stock.
Rhea-AI Filing Summary
Patterson-UTI Energy director Tiffany Thom Cepak reported an open-market sale of common stock. On March 4, 2026, she sold 12,000 shares of Patterson-UTI Energy common stock at a weighted average price of $8.86 per share, in multiple transactions between $8.86 and $8.88. After this sale, she directly owned 161,111 shares of Patterson-UTI Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,000 shares
Net Sell
1 txn
Insider
CEPAK TIFFANY THOM
Role
Director
Sold
12,000 shs ($106K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $8.86 | $106K |
Holdings After Transaction:
Common Stock — 161,111 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.86 to $8.88, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PTEN director Tiffany Thom Cepak report?
Tiffany Thom Cepak reported selling 12,000 shares of Patterson-UTI Energy common stock. The transaction was an open-market sale on March 4, 2026, reported on Form 4, and reflects a change in her directly held share position.
What does transaction code "S" mean in the PTEN Form 4 filing?
Transaction code “S” on the Form 4 indicates a sale of securities. In this case, it represents an open-market or private sale of 12,000 shares of Patterson-UTI Energy common stock by director Tiffany Thom Cepak on March 4, 2026.
Was the PTEN insider sale made directly by Tiffany Thom Cepak?
Yes. The Form 4 identifies the ownership as direct, with 12,000 shares of Patterson-UTI Energy common stock sold and 161,111 shares directly owned afterward. No footnotes indicate indirect ownership through another entity or a disclaimer of beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.