ProPetro (PUMP) CAO reports 20,833 RSU grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProPetro Holding Corp. Chief Accounting Officer Celina A. Davila reported equity compensation activity involving restricted stock units and common shares. On February 27, 2026, she was granted 20,833 restricted stock units (RSUs), which will vest in three substantially equal annual installments commencing on February 27, 2027.
On February 28, 2026, 5,031 RSUs vested and were settled into 5,031 shares of common stock at no exercise price. In connection with this vesting, 1,492 common shares were withheld at $12.13 per share to cover tax obligations, leaving her with 27,167 common shares and 45,812 RSUs directly owned after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,031 shares exercised/converted
Mixed
4 txns
Insider
Davila Celina A
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,031 | $0.00 | -- |
| Exercise | Common Stock | 5,031 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,492 | $12.13 | $18K |
| Grant/Award | Restricted Stock Units | 20,833 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 45,812 shares (Direct);
Common Stock — 28,659 shares (Direct)
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 15,094 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
What equity awards did ProPetro (PUMP) CAO Celina Davila receive?
Celina Davila received a grant of 20,833 restricted stock units. These RSUs vest in three substantially equal annual installments beginning February 27, 2027, giving her a contingent right to receive either one share of common stock or cash per unit upon vesting.
How many ProPetro (PUMP) RSUs vested for Celina Davila in this Form 4?
A total of 5,031 previously granted restricted stock units vested and settled into 5,031 shares of common stock. The settlement occurred on February 28, 2026, reflecting equity compensation becoming actual share ownership subject to related tax withholding.
How do ProPetro (PUMP) RSUs reported here function for Celina Davila?
Each restricted stock unit represents a contingent right to receive either one share of ProPetro common stock or cash equal to its fair market value. The units vest over time, turning into actual shares or cash as the vesting schedule is met.