ProPetro (PUMP) CFO awarded 56,424 restricted stock units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weatherl Caleb Lyle reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. Chief Financial Officer Caleb Lyle Weatherl received a grant of 56,424 restricted stock units on February 27, 2026. Each RSU represents a contingent right to receive either one share of common stock or cash equal to the fair market value of one share. The RSUs will vest in three substantially equal annual installments starting on February 27, 2027. Following this award, Weatherl directly holds 156,906 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weatherl Caleb Lyle
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 56,424 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 156,906 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ProPetro (PUMP) report for Caleb Lyle Weatherl?
ProPetro reported a grant of 56,424 restricted stock units to CFO Caleb Lyle Weatherl. The award was made on February 27, 2026 and increased his directly held restricted stock units to 156,906 after the transaction, according to the Form 4 filing.
How many restricted stock units did the ProPetro CFO acquire in this Form 4?
The ProPetro CFO acquired 56,424 restricted stock units in this transaction. These units were granted at a price of $0.00 per unit and represent a compensation award that will vest over time, subject to the vesting schedule described in the filing footnote.
When do the newly granted ProPetro (PUMP) RSUs to the CFO vest?
The newly granted RSUs begin vesting on February 27, 2027. They will vest in three substantially equal annual installments, meaning the award is spread over three years, aligning the CFO’s compensation with longer-term company performance and continued service.
What does each ProPetro restricted stock unit granted to the CFO represent?
Each restricted stock unit represents a contingent right to receive either one share of ProPetro common stock or cash equal to the fair market value of one share. Actual settlement will depend on the company’s chosen form of payment at vesting.
What is the total number of ProPetro RSUs held by the CFO after this grant?
After this grant, the CFO directly holds 156,906 restricted stock units. This figure reflects his total RSU holdings following the February 27, 2026 award and shows his accumulated equity-based compensation position with ProPetro Holding Corp.