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ProPetro CCO Exercises RSUs and Receives New Grant

ProPetro Holding Corp. Chief Commercial Officer Shelby Kyle Fietz reported vesting of previously awarded RSUs that delivered 18,868 shares of Common Stock on February 28, 2026, with 4,595 shares withheld at $12.13 per share to cover taxes.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ProPetro Holding Corp. Chief Commercial Officer Shelby Kyle Fietz reported vesting of previously awarded RSUs that delivered 18,868 shares of Common Stock on February 28, 2026, with 4,595 shares withheld at $12.13 per share to cover taxes. He also received a new grant of 47,743 Restricted Stock Units, which footnotes describe as vesting in three substantially equal annual installments commencing on February 27, 2027. Following these transactions, he holds 221,232 shares of Common Stock directly.

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Insider Fietz Shelby Kyle
Role Chief Commercial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 18,868 $0.00 $0.00
Exercise Common Stock 18,868 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 4,595 $12.13 $56K
Grant/Award Restricted Stock Units 47,743 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 227,112 contracts (Direct); Common Stock — 221,232 shares (Direct)
Footnotes (5)
  1. F1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
  2. 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.
  3. F3. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
  4. F4. The RSUs will vest in three substantially equal annual installments commencing on February 27, 2027.
  5. F5. 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.
RSUs converted to Common Stock 18,868 shares Previously awarded RSUs settled into Common Stock on February 28, 2026
Tax-withheld shares 4,595 shares at $12.13 per share Shares of Common Stock withheld to satisfy taxes on RSU vesting
New RSU grant 47,743 RSUs Restricted Stock Units granted on February 27, 2026 with three annual vesting installments
Prior RSU grant 56,603 RSUs RSUs granted on February 28, 2024, vesting in three substantially equal annual installments
Common Stock holdings after transactions 221,232 shares Directly held ProPetro Common Stock following the reported Form 4 transactions
Restricted Stock Units financial
"Reflects shares of common stock delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs")."
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.
RSUs financial
"On February 28, 2024, the reporting person was granted 56,603 RSUs, vesting in three substantially equal annual installments."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"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."
fair market value financial
"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.
taxes payable financial
"Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did ProPetro (PUMP) CCO Shelby Kyle Fietz report?

Shelby Kyle Fietz reported RSU vesting that delivered 18,868 common shares, a tax-withholding disposition of 4,595 shares at $12.13, and a new grant of 47,743 Restricted Stock Units, all dated February 27–28, 2026.

How many RSUs were converted and granted in this ProPetro (PUMP) Form 4?

Previously awarded RSUs converted into 18,868 shares of Common Stock, while a new award granted 47,743 Restricted Stock Units. Footnotes also reference an earlier grant of 56,603 RSUs on February 28, 2024 with a three-year vesting schedule.

What tax withholding occurred in Shelby Kyle Fietz’s ProPetro (PUMP) filing?

The filing shows 4,595 shares of Common Stock withheld at $12.13 per share to satisfy taxes payable in connection with the vesting and settlement of RSUs. This is recorded as a tax-withholding disposition rather than an open-market sale.

What is Shelby Kyle Fietz’s post-transaction shareholding in ProPetro (PUMP)?

After the reported RSU vesting, tax withholding, and new grant, Shelby Kyle Fietz holds 221,232 shares of ProPetro Common Stock directly. This canonical post-transaction balance reflects his reported ownership following all transactions in the Form 4.

When will the newly reported RSUs for ProPetro (PUMP) vest?

Footnotes state that the RSUs will vest in three substantially equal annual installments commencing on February 27, 2027. Each RSU represents a contingent right to receive either one share of Common Stock or cash equal to its fair market value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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.

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