ProPetro COO reports RSU vesting, tax share withholding
ProPetro Holding Corp.'s President and COO, Adam Munoz, reported routine equity compensation activity.
Rhea-AI Filing Summary
ProPetro Holding Corp.'s President and COO, Adam Munoz, reported routine equity compensation activity. On February 1, 2026, 29,061 restricted stock units (RSUs) converted into the same number of common shares upon vesting and settlement.
The filing shows 11,436 common shares were withheld at a price of $11.49 to cover taxes related to this vesting. After these transactions, Munoz directly holds 171,269 shares of common stock and 196,091 RSUs, reflecting ongoing incentive alignment through stock-based compensation rather than an open-market discretionary sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 29,061 | $0.00 | $0.00 |
| Exercise | Common Stock | 29,061 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,436 | $11.49 | $131K |
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 February 1, 2023, the reporting person was granted 87,179 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
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What insider transaction did ProPetro (PUMP) report for Adam Munoz?
What are the terms of the RSU grant referenced in the ProPetro (PUMP) Form 4?
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