Equity awards update for ProPetro (NYSE: PUMP) general counsel
Rhea-AI Filing Summary
ProPetro Holding Corp. General Counsel and Corporate Secretary John J. Mitchell reported multiple equity award transactions. On February 27, 2026, he received a grant of 49,913 restricted stock units (RSUs), which will vest in three substantially equal annual installments commencing on February 27, 2027. On February 28, 2026, 20,335 previously awarded RSUs vested and were settled into an equal number of common shares, while 4,952 shares of common stock were withheld at $12.13 per share to cover taxes. Following these transactions, he directly owned 107,052 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,335 | $0.00 | -- |
| Exercise | Common Stock | 20,335 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,952 | $12.13 | $60K |
| Grant/Award | Restricted Stock Units | 49,913 | $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 61,006 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did ProPetro (PUMP) report for John J. Mitchell?
How many ProPetro (PUMP) restricted stock units were granted to John J. Mitchell?
When will John J. Mitchell’s new ProPetro (PUMP) RSU grant vest?
How many ProPetro (PUMP) RSUs vested and converted to common stock?