ProPetro director settles 28,181 RSUs into shares
ProPetro Holding Corp. director Lawrence G. Larry exercised previously granted restricted stock units, receiving 28,181 shares of common stock upon vesting and settlement.
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Rhea-AI Filing Summary
ProPetro Holding Corp. director Lawrence G. Larry exercised previously granted restricted stock units, receiving 28,181 shares of common stock upon vesting and settlement. These RSUs were granted on May 21, 2025 and vested in full ahead of the company’s 2026 annual stockholder meeting.
After this equity compensation vesting, Larry directly holds 64,012 shares of ProPetro common stock. The Form 4 shows no open‑market purchases or sales, only the conversion of RSUs into common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,181 | $0.00 | $0.00 |
| Exercise | Common Stock | 28,181 | $0.00 | $0.00 |
Footnotes (3)
- 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. On May 21 2025, the reporting person was granted 28,181 RSUs, vesting in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2026 and May 21, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vesting financial
annual meeting of stockholders financial
FAQ
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What insider transaction did ProPetro (PUMP) report for Lawrence G. Larry?
What are the terms of the ProPetro (PUMP) RSUs granted to Lawrence G. Larry?
How were Lawrence G. Larry’s ProPetro (PUMP) RSUs settled?
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