ProPetro (NYSE: PUMP) CFO receives 33,494 shares as RSUs vest
Rhea-AI Filing Summary
ProPetro Holding Corp. Chief Financial Officer Caleb Lyle Weatherl reported the vesting and settlement of 33,494 Restricted Stock Units into an equal number of shares of common stock on August 1, 2026. Of these shares, 8,156 were withheld at $11.10 per share to satisfy tax obligations, with the remaining shares delivered to him as directly owned common stock.
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Insider Trade Summary
Net Buyer: 25,338 shares
Net Buy
3 txns
Insider
Weatherl Caleb Lyle
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F4 | 33,494 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 33,494 | -- | -- |
| Tax Withholding | Common Stock F3 | 8,156 | $11.10 | $91K |
Holdings After Transaction:
Restricted Stock Units — 123,412 shares (Direct);
Common Stock — 27,338 shares (Direct)
Footnotes (4)
- F1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
- F2. 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.
- F3. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
- F4. On August 1, 2025, the reporting person was granted 100,482 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs vested into common stock: 33,494 shares
Shares withheld for taxes: 8,156 shares
Tax withholding price: $11.10 per share
+1 more
4 metrics
RSUs vested into common stock
33,494 shares
Restricted Stock Units converting to common stock on 2026-08-01
Shares withheld for taxes
8,156 shares
Common shares withheld to satisfy taxes on RSU vesting
Tax withholding price
$11.10 per share
Value used for shares withheld to cover tax obligations
Original RSU grant
100,482 RSUs
Grant to CFO on 2025-08-01, vesting in three equal annual installments
Key Terms
Restricted Stock Units, RSUs, withheld to satisfy taxes, vesting and settlement
4 terms
Restricted Stock Units financial
"Reflects shares of common stock delivered upon vesting and settlement of previously awarded restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
withheld to satisfy taxes financial
"Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement."
vesting and settlement financial
"Delivered upon vesting and settlement of previously awarded RSUs granted on August 1, 2025."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ProPetro (PUMP) report for CFO Caleb Lyle Weatherl?
ProPetro’s CFO reported 33,494 RSUs vesting into common stock on August 1, 2026. In connection with this vesting, 8,156 shares of common stock were disposed of through withholding to cover related tax obligations.
How many RSUs vested for ProPetro (PUMP) CFO and what was the source grant?
The CFO had 33,494 RSUs vest and settle into common stock. These RSUs are part of a 100,482-RSU grant awarded on August 1, 2025, vesting in three substantially equal annual installments.
Did the ProPetro (PUMP) CFO’s Form 4 indicate use of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not selected for these transactions. The filing does not describe the RSU vesting or related tax withholding as occurring under a pre-arranged Rule 10b5-1 trading plan.
What is the effective date of the RSU vesting reported by ProPetro (PUMP) CFO?
The vesting and settlement of 33,494 RSUs into common stock for ProPetro’s CFO occurred on August 1, 2026. This date corresponds to the first annual installment from the August 1, 2025 RSU grant.