ProPetro (NYSE: PUMP) CEO granted 217,013 RSUs, withholds 31,852 shares for taxes
Rhea-AI Filing Summary
ProPetro Holding Corp. director and Chief Executive Officer Samuel D. Sledge reported several equity compensation moves. On February 27, 2026, he received a grant of 217,013 restricted stock units (RSUs), which will vest in three substantially equal annual installments starting on February 27, 2027. On February 28, 2026, previously awarded RSUs vested and settled, delivering 80,943 shares of common stock, while an equal number of RSUs were exercised or converted. To cover taxes related to this vesting, 31,852 common shares were withheld at $12.13 per share. After these transactions, Sledge directly held 598,284 shares of common stock and 550,482 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 80,943 | $0.00 | -- |
| Exercise | Common Stock | 80,943 | $0.00 | -- |
| Tax Withholding | Common Stock | 31,852 | $12.13 | $386K |
| Grant/Award | Restricted Stock Units | 217,013 | $0.00 | -- |
Footnotes (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 242,830 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
What equity awards did ProPetro (PUMP) CEO Samuel Sledge receive?
How many ProPetro (PUMP) RSUs vested and converted to common stock?
How do the new ProPetro (PUMP) RSUs for Samuel Sledge vest over time?
What is the nature of the ProPetro (PUMP) transactions coded M and F?