ProPetro (PUMP) COO Adam Munoz logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
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
29,061 shares exercised/converted
Mixed
3 txns
Insider
Munoz Adam
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 29,061 | $0.00 | -- |
| Exercise | Common Stock | 29,061 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,436 | $11.49 | $131K |
Holdings After Transaction:
Restricted Stock Units — 196,091 shares (Direct);
Common Stock — 182,705 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 87,179 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 Adam Munoz?
Adam Munoz reported RSU vesting and tax withholding. On February 1, 2026, 29,061 restricted stock units converted into common shares, and 11,436 shares were withheld at $11.49 to cover taxes tied to this equity award vesting.
What are the terms of the RSU grant referenced in the ProPetro (PUMP) Form 4?
The RSUs come from an 87,179-unit grant dated February 1, 2023. These restricted stock units vest in three substantially equal annual installments beginning on the first anniversary of the grant date, creating a multi-year incentive and retention structure for the executive.