ProPetro director receives 28,181 vested RSUs
GOBE PHILLIP A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GOBE PHILLIP A reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. director Phillip A. Gobe received 28,181 shares of common stock through the vesting and settlement of previously granted restricted stock units (RSUs). These RSUs were granted on May 21, 2025 and vested in full in connection with the 2026 annual meeting schedule.
Each RSU represented a right to receive either one share of common stock or cash equal to its fair market value, and this transaction reflects delivery in shares rather than cash. Following the settlement, Gobe directly holds 235,865 shares of ProPetro common stock, and the reported RSU award has been fully settled.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,181 shares exercised/converted
Exercise
2 txns
Insider
GOBE PHILLIP A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,181 | $0.00 | $0.00 |
| Exercise | Common Stock | 28,181 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 235,865 shares (Direct)
Footnotes (3)
- F1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
- F2. Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
- F3. On May 21 2025, the reporting person was granted 28,181 RSUs, vesting in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2026 and May 21, 2026.
Key Figures
RSUs settled: 28,181 units
Shares delivered: 28,181 shares
Shares held after transaction: 235,865 shares
+2 more
5 metrics
RSUs settled
28,181 units
RSUs vested and settled into common stock on May 18, 2026
Shares delivered
28,181 shares
Common stock delivered upon RSU settlement
Shares held after transaction
235,865 shares
Director’s direct ProPetro common stock holdings post-vesting
RSU grant size
28,181 RSUs
Granted on May 21, 2025
RSU settlement price
$0.0000 per unit
Reported transaction price per RSU in the filing
Key Terms
Restricted Stock Units, contingent right, fair market value, vesting, +1 more
5 terms
Restricted Stock Units financial
"Reflects shares of common stock delivered upon vesting and settlement of previously awarded restricted stock units"
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
"Each RSU represents a contingent right to receive either one share of Common Stock or cash"
fair market value financial
"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.
vesting financial
"RSUs, vesting in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"the day immediately preceding the Issuer's annual meeting of stockholders in 2026"
FAQ
What insider transaction did ProPetro (PUMP) report for Phillip A. Gobe?
ProPetro reported that director Phillip A. Gobe received 28,181 common shares upon vesting and settlement of previously granted restricted stock units. The award was part of his equity compensation, not an open-market stock purchase or sale.
When were Phillip A. Gobe’s 28,181 ProPetro RSUs originally granted?
The 28,181 restricted stock units were granted on May 21, 2025. They were structured to vest in full upon the earlier of the day immediately preceding ProPetro’s 2026 annual stockholders’ meeting or May 21, 2026, and are now fully settled.
Does the ProPetro Form 4 show any stock sales by Phillip A. Gobe?
The Form 4 does not show any stock sales by Phillip A. Gobe. It only reports the vesting and settlement of 28,181 restricted stock units into common shares, increasing his direct equity holdings in ProPetro.
What does each ProPetro RSU reported in this filing represent?
Each restricted stock unit represents a contingent right to receive either one share of ProPetro common stock or an equivalent cash amount. In this case, the 28,181 units were settled in stock, delivering the same number of common shares to the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
