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ProPetro (NYSE: PUMP) CEO granted 217,013 RSUs, withholds 31,852 shares for taxes

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

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

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Negative

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Insider Sledge Samuel D
Role Chief Executive Officer
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 --
Holdings After Transaction: Restricted Stock Units — 550,482 shares (Direct); Common Stock — 630,136 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 242,830 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*
Sledge Samuel D

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive 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 80,943(1) A (2) 630,136 D
Common Stock 02/28/2026 F 31,852(3) D $12.13 598,284 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 217,013 (2)(4) (2)(4) Common Stock 217,013 $0 631,425 D
Restricted Stock Units (2) 02/28/2026 M 80,943 (5) (5) Common Stock 80,943 $0 550,482 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 242,830 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 Samuel D. Sledge 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 equity awards did ProPetro (PUMP) CEO Samuel Sledge receive?

Samuel Sledge received a grant of 217,013 restricted stock units (RSUs) on February 27, 2026. These RSUs vest in three substantially equal annual installments beginning February 27, 2027, providing long-term, stock-based compensation tied to ProPetro’s future performance.

How many ProPetro (PUMP) RSUs vested and converted to common stock?

On February 28, 2026, 80,943 previously awarded RSUs vested and settled into 80,943 shares of common stock. Each RSU represented a contingent right to receive either one share of common stock or cash equal to its fair market value.

Why were ProPetro (PUMP) shares withheld from Samuel Sledge’s award?

ProPetro withheld 31,852 shares of common stock at $12.13 per share to satisfy taxes due on the vesting and settlement of RSUs. This tax-withholding disposition reduced the number of net shares delivered to the CEO.

How many ProPetro (PUMP) shares does CEO Samuel Sledge own after these transactions?

Following the February 2026 transactions, Samuel Sledge directly held 598,284 shares of ProPetro common stock. He also held 550,482 restricted stock units, which represent additional potential future shares subject to vesting conditions.

How do the new ProPetro (PUMP) RSUs for Samuel Sledge vest over time?

The 217,013 RSUs granted on February 27, 2026 will vest in three substantially equal annual installments, starting on February 27, 2027. This structure spreads the award over several years, encouraging ongoing alignment with shareholder interests.

What is the nature of the ProPetro (PUMP) transactions coded M and F?

Code M transactions reflect the exercise or conversion of derivative securities, in this case RSUs settling into common stock. The code F transaction reflects shares withheld to pay taxes related to that RSU vesting, rather than an open-market sale.
Propetro Holding

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PUMP Stock Data

1.79B
103.27M
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States
MIDLAND