ProPetro director exercises 28,181 RSUs into stock
ProPetro Holding Corp. director Mark Stephen Berg settled a prior equity award by receiving 28,181 shares of Common Stock through vesting of restricted stock units.
Rhea-AI Filing Summary
ProPetro Holding Corp. director Mark Stephen Berg settled a prior equity award by receiving 28,181 shares of Common Stock through vesting of restricted stock units. These RSUs were previously granted and converted on May 18, 2026 into an equal number of shares at no cash exercise price.
Each RSU entitled him to one share of Common Stock or cash equal to its fair market value, and this grant had been awarded on May 21, 2025 with vesting tied to the 2026 annual meeting timeframe. Following this settlement, Berg directly holds 56,909 shares of ProPetro Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,181 shares exercised/converted
Exercise
2 txns
Insider
BERG MARK STEPHEN
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 — 56,909 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 received: 28,181 shares
Holdings after transaction: 56,909 shares
+2 more
5 metrics
RSUs settled
28,181 units
Restricted stock units converted to common stock on May 18, 2026
Shares received
28,181 shares
Common Stock delivered upon RSU vesting and settlement
Holdings after transaction
56,909 shares
Direct ProPetro common stock holdings following RSU settlement
Grant date of RSUs
May 21, 2025
Date 28,181 RSUs were awarded to the reporting person
RSU exercise price
$0.00 per unit
Stated conversion price for the RSUs into common stock
Key Terms
Restricted Stock Units, RSUs, Common Stock, Form 4
4 terms
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
"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."
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.
Common Stock financial
"Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider transaction data is disclosed in a Form 4 relating to ProPetro Holding Corp."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ProPetro (PUMP) director Mark Berg report?
Mark Stephen Berg reported the vesting and settlement of 28,181 restricted stock units into 28,181 shares of ProPetro common stock. This was an equity award conversion, not an open-market stock purchase or sale.
What was the size of the RSU award reported for ProPetro (PUMP) director Berg?
The award involved 28,181 restricted stock units, each representing a right to one share of ProPetro common stock or equivalent cash. These RSUs vested in full and were settled into 28,181 shares on May 18, 2026.
When were the ProPetro (PUMP) RSUs granted to director Mark Berg?
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 before ProPetro’s 2026 annual stockholders meeting or May 21, 2026.
Was Mark Berg’s ProPetro (PUMP) Form 4 an open-market stock trade?
No, the Form 4 reflects vesting and settlement of restricted stock units into common shares at a stated price of $0.00 per unit. It does not represent an open-market purchase or sale of ProPetro stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
