ProPetro executive reports 49,751 RSUs holding
ProPetro Holding Corp. senior vice president of operations William Michael Wood reported his initial holdings of equity awards in the form of restricted stock units (RSUs).
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Rhea-AI Filing Summary
ProPetro Holding Corp. senior vice president of operations William Michael Wood reported his initial holdings of equity awards in the form of restricted stock units (RSUs). The filing shows he holds RSUs tied to 49,751 shares of common stock, all held directly.
Each RSU represents a contingent right to receive either one share of ProPetro common stock or cash equal to the fair market value of one share. These RSUs vest in three substantially equal annual installments starting on the first anniversary of the grant dates.
The position includes 9,862 RSUs granted on February 28, 2024, 18,126 RSUs granted on March 4, 2025, and 21,763 RSUs granted on February 27, 2026, providing a multi‑year, service-based compensation structure for the executive.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive either one share of common stock of the Issuer ("Common Stock") or an amount of cash equal to the fair market value of one share of Common Stock. The RSUs will vest in three substantially equal annual installments, beginning on the first anniversary of the date granted.
- F2. Includes (i) 9,862 RSUs granted on February 28, 2024, (ii) 18,126 RSUs granted on March 4, 2025, and (iii) 21,763 RSUs granted on February 27, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
contingent right financial
vest financial
fair market value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ProPetro (PUMP) disclose about William Michael Wood in this Form 3?
How many ProPetro (PUMP) RSUs does William Michael Wood hold and how are they structured?
When do William Michael Wood’s ProPetro (PUMP) RSUs vest?
What grants make up the 49,751 ProPetro (PUMP) RSUs held by William Michael Wood?
Is William Michael Wood’s ProPetro (PUMP) RSU position a buy or sell transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.