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Equity awards update for ProPetro (NYSE: PUMP) general counsel

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

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.

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Insider Mitchell John J
Role Gen. Counsel & Corp. Secretary
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 --
Holdings After Transaction: Restricted Stock Units — 126,366 shares (Direct); Common Stock — 112,004 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 61,006 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*
Mitchell John J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Gen. Counsel & Corp. Secretary
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 20,335(1) A (2) 112,004 D
Common Stock 02/28/2026 F 4,952(3) D $12.13 107,052 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 49,913 (2)(4) (2)(4) Common Stock 49,913 $0 146,701 D
Restricted Stock Units (2) 02/28/2026 M 20,335 (5) (5) Common Stock 20,335 $0 126,366 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 61,006 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Remarks:
/s/ John J. Mitchell 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 insider transactions did ProPetro (PUMP) report for John J. Mitchell?

ProPetro reported that John J. Mitchell received a new grant of 49,913 restricted stock units and had 20,335 previously granted RSUs vest into common stock. Additionally, 4,952 shares were withheld to pay taxes related to the RSU vesting event.

How many ProPetro (PUMP) restricted stock units were granted to John J. Mitchell?

John J. Mitchell received a grant of 49,913 restricted stock units. These RSUs are equity awards that can convert into common stock over time, aligning his compensation with shareholder interests through multi‑year vesting conditions and future share ownership.

When will John J. Mitchell’s new ProPetro (PUMP) RSU grant vest?

The 49,913 restricted stock units will vest in three substantially equal annual installments starting on February 27, 2027. This means portions of the award convert into value each year, encouraging longer‑term retention and performance alignment with ProPetro shareholders.

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

A total of 20,335 previously awarded restricted stock units vested and were settled into 20,335 shares of ProPetro common stock. This conversion reflects the completion of vesting conditions tied to earlier equity awards granted to John J. Mitchell.

Why were 4,952 ProPetro (PUMP) shares withheld from John J. Mitchell?

4,952 shares of ProPetro common stock were withheld to satisfy taxes due on the RSU vesting. The withholding occurred at a price of $12.13 per share, allowing tax obligations to be met using shares rather than separate cash payments.

How many ProPetro (PUMP) common shares does John J. Mitchell own after these transactions?

After the reported transactions, John J. Mitchell directly owned 107,052 shares of ProPetro common stock. This figure reflects the RSU conversion into shares and the tax‑related share withholding recorded in the insider filing for these dates.
Propetro Holding

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