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ProPetro (PUMP) CCO logs 47,743 new RSUs plus share tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ProPetro Holding Corp.'s Chief Commercial Officer, Shelby Kyle Fietz, reported several equity compensation moves. On February 27, 2027, Fietz received a grant of 47,743 restricted stock units (RSUs), which will vest in three substantially equal annual installments commencing on that date.

On a separate date, 18,868 RSUs vested and were settled into 18,868 shares of common stock at no cost, increasing directly held common shares to 225,827 before tax withholding. To cover taxes from this vesting, 4,595 common shares were withheld at a price of $12.13 per share, leaving 221,232 common shares held directly afterward. Footnotes note that each RSU represents the right to receive one share of common stock or cash equal to its fair market value, and that a prior grant of 56,603 RSUs was made on February 28, 2024, vesting in three annual installments beginning on the first anniversary of that grant.

Positive

  • None.

Negative

  • None.
Insider Fietz Shelby Kyle
Role Chief Commercial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 18,868 $0.00 --
Exercise Common Stock 18,868 $0.00 --
Tax Withholding Common Stock 4,595 $12.13 $56K
Grant/Award Restricted Stock Units 47,743 $0.00 --
Holdings After Transaction: Restricted Stock Units — 227,112 shares (Direct); Common Stock — 225,827 shares (Direct)
Footnotes (1)
  1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs"). 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. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs. The RSUs will vest in three substantially equal annual installments commencing on February 27, 2027. On February 28, 2024, the reporting person was granted 56,603 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fietz Shelby Kyle

(Last) (First) (Middle)
ONE MARIENFELD PLACE
110 N. MARIENFELD STREET, SUITE 300

(Street)
MIDLAND TX 79701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ProPetro Holding Corp. [ PUMP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/28/2026 M 18,868(1) A (2) 225,827 D
Common Stock 02/28/2026 F 4,595(3) D $12.13 221,232 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2)(4) 02/27/2026 A 47,743 (2)(4) (2)(4) Common Stock 47,743 $0 245,980 D
Restricted Stock Units (2) 02/28/2026 M 18,868 (5) (5) Common Stock 18,868 $0 227,112 D
Explanation of Responses:
1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
2. 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.
3. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
4. The RSUs will vest in three substantially equal annual installments commencing on February 27, 2027.
5. On February 28, 2024, the reporting person was granted 56,603 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Remarks:
/s/ John J. Mitchell, as attorney-in-fact for Shelby K. Fietz 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ProPetro (PUMP) executive Shelby Kyle Fietz receive in this insider report?

Shelby Kyle Fietz received a grant of 47,743 restricted stock units, vesting in three equal annual installments starting February 27, 2027. These RSUs represent potential future shares or cash based on ProPetro’s common stock fair market value at settlement.

How many ProPetro (PUMP) RSUs vested for Shelby Kyle Fietz in this report?

18,868 previously awarded restricted stock units vested and were settled into 18,868 shares of ProPetro common stock at no cost. This conversion increased Fietz’s directly held common stock before tax withholding associated with the vesting event.

Why were 4,595 ProPetro (PUMP) shares disposed of in this insider activity?

4,595 shares of ProPetro common stock were withheld to satisfy taxes due from the RSU vesting and settlement. This tax-withholding disposition used shares valued at $12.13 each and reduced directly held common shares to 221,232 afterward.

How many ProPetro (PUMP) common shares does Shelby Kyle Fietz hold after these transactions?

After the RSU vesting, share issuance, and tax withholding, Shelby Kyle Fietz directly holds 221,232 shares of ProPetro common stock. This figure reflects the net position following delivery of new shares and the share-based tax payment.

What prior RSU grant to Shelby Kyle Fietz does this ProPetro (PUMP) report reference?

The report references a prior grant of 56,603 restricted stock units awarded on February 28, 2024. Those RSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date, adding to Fietz’s long-term equity compensation.

How do ProPetro (PUMP) RSUs function for Shelby Kyle Fietz in this report?

Each restricted stock unit gives Fietz a contingent right to receive either one share of ProPetro common stock or cash equal to its fair market value. Actual settlement occurs upon vesting, when units convert into stock or cash according to plan terms.
Propetro Holding

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1.76B
103.27M
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States
MIDLAND