ProPetro (PUMP) CCO vests 3,539 RSUs and has 865 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProPetro Holding Corp.'s Chief Commercial Officer, Shelby Kyle Fietz, reported routine equity compensation activity. On February 1, 2026, 3,539 restricted stock units (RSUs) vested and were settled into the same number of shares of common stock.
To cover taxes related to this vesting, 865 shares of common stock were withheld at $11.49 per share. After these transactions, Fietz directly held 206,959 shares of common stock and 198,237 RSUs, each RSU representing a right to receive one share or its cash equivalent.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,539 shares exercised/converted
Mixed
3 txns
Insider
Fietz Shelby Kyle
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,539 | $0.00 | -- |
| Exercise | Common Stock | 3,539 | $0.00 | -- |
| Tax Withholding | Common Stock | 865 | $11.49 | $10K |
Holdings After Transaction:
Restricted Stock Units — 198,237 shares (Direct);
Common Stock — 207,824 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. On February 1, 2023, the reporting person was granted 10,615 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did ProPetro (PUMP) report for Shelby Kyle Fietz?
ProPetro reported that Chief Commercial Officer Shelby Kyle Fietz had 3,539 RSUs vest and settle into common stock on February 1, 2026. These RSUs were part of a previously granted equity award with multi-year vesting terms.
How many ProPetro (PUMP) RSUs does Shelby Kyle Fietz still own?
Following the February 1, 2026 vesting event, Shelby Kyle Fietz beneficially owned 198,237 restricted stock units (RSUs). Each RSU represents a contingent right to receive either one ProPetro share or cash equal to its fair market value.
What is the origin of the ProPetro (PUMP) RSUs reported in this filing?
The RSUs vesting on February 1, 2026 come from a grant of 10,615 RSUs awarded on February 1, 2023. That award vests in three substantially equal annual installments starting on the first anniversary of the grant date.
What role does Shelby Kyle Fietz hold at ProPetro (PUMP) in this Form 4?
In this Form 4, Shelby Kyle Fietz is identified as an officer of ProPetro with the title Chief Commercial Officer. The reported transactions reflect personal equity compensation and related tax withholding in that executive capacity.