ProPetro (PUMP) director Michele Vion awarded 9,101 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vion Michele reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. director Michele Vion received a grant of 9,101 Restricted Stock Units (RSUs). Each RSU represents a right to receive either one share of ProPetro common stock or cash equal to the share’s fair market value. The RSUs vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual stockholders’ meeting or May 20, 2027. Following this award, Vion holds 9,101 RSUs directly, all tied to ProPetro common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vion Michele
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
Price per RSU: $0.00
RSUs outstanding after grant: 9,101 units
+1 more
4 metrics
RSUs granted
9,101 units
Restricted Stock Units awarded to director on May 20, 2026
Price per RSU
$0.00
Reported grant price per Restricted Stock Unit
RSUs outstanding after grant
9,101 units
Total RSUs held by Michele Vion following the transaction
Vesting date
May 20, 2027
Latest possible full vesting date for RSUs
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 of the Issuer's common stock"
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 Restricted Stock Unit ("RSU") represents a contingent right to receive either one share"
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
"upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2027"
FAQ
What insider transaction did ProPetro (PUMP) report for Michele Vion?
ProPetro reported that director Michele Vion received a grant of 9,101 Restricted Stock Units. These units are a form of equity compensation that may settle in either ProPetro common stock or cash based on the stock’s fair market value at vesting.
How many Restricted Stock Units did Michele Vion receive from ProPetro (PUMP)?
Michele Vion received 9,101 Restricted Stock Units from ProPetro. Each RSU is linked to one share of common stock or an equivalent cash amount, providing equity-based compensation that aligns the director’s interests with shareholders over the vesting period.
When do Michele Vion’s ProPetro (PUMP) RSUs vest?
The RSUs granted to Michele Vion vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual meeting of stockholders or May 20, 2027. Vesting must occur before the RSUs can convert into shares or a cash payment.
What does each ProPetro (PUMP) RSU granted to Michele Vion represent?
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. The actual delivery of stock or cash occurs only if and when the RSUs vest in 2027.