Director at ProPetro (NYSE: PUMP) receives 9,101 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RICCIARDELLO MARY P reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. director Mary P. Ricciardello received a grant of 9,101 Restricted Stock Units as compensation. Each RSU represents a right to receive either one share of common stock or cash equal to its fair market value. The RSUs vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual stockholder meeting or May 20, 2027. After this grant, Ricciardello holds 9,101 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RICCIARDELLO MARY P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,101 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,101 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 9,101 units
Grant price per RSU: $0.00 per unit
Underlying common shares: 9,101 shares
+2 more
5 metrics
RSUs granted
9,101 units
Grant to director on May 20, 2026
Grant price per RSU
$0.00 per unit
Equity compensation, no cash paid by director
Underlying common shares
9,101 shares
Each RSU linked to one common share
Vesting deadline
May 20, 2027
Or earlier day before 2027 annual meeting
RSUs held after grant
9,101 units
Director’s RSU position following the transaction
Key Terms
Restricted Stock Units, contingent right, fair market value, vest in full, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive either one share..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive either one share of the Issuer's common stock..."
fair market value financial
"or an amount of cash equal to the fair market value of one share of Common Stock."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vest in full financial
"The RSUs will vest in full upon the earlier to occur of the day immediately preceding..."
annual meeting of stockholders financial
"the day immediately preceding the Issuer's annual meeting of stockholders in 2027..."
FAQ
What insider transaction did ProPetro (PUMP) report for Mary P. Ricciardello?
ProPetro reported that director Mary P. Ricciardello received 9,101 Restricted Stock Units as a grant. These RSUs are a form of equity-based compensation, giving her potential future common stock or equivalent cash value, subject to vesting conditions through 2027.
How many Restricted Stock Units were granted to the ProPetro (PUMP) director?
Mary P. Ricciardello was granted 9,101 Restricted Stock Units. This award increases her equity-linked position in ProPetro, aligning her compensation with shareholder outcomes through future delivery of common stock or equivalent cash value once the RSUs vest.
When do the newly granted ProPetro (PUMP) RSUs vest for the director?
The 9,101 Restricted Stock Units vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual stockholder meeting or May 20, 2027. Vesting must occur before she receives shares or cash tied to the units’ value.
What does each ProPetro (PUMP) Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit represents a contingent right to receive either one share of ProPetro common stock or cash equal to one share’s fair market value. Delivery occurs only after vesting, making the award a deferred form of equity-based compensation.
Is the ProPetro (PUMP) director’s RSU holding after this grant disclosed?
Yes. Following this grant, Mary P. Ricciardello is reported as directly holding 9,101 Restricted Stock Units. This figure reflects her RSU position after the transaction and will convert into stock or cash if the units vest under the stated schedule.