Director at ProPetro (NYSE: PUMP) converts 28,181 RSUs into common stock

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

28,181 shares exercised/converted

Mixed 2 txns

Insider Lawrence G Larry

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	28,181	$0.00	--
Exercise	Common Stock	28,181	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 64,012 shares (Direct, null)

Footnotes (1)

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. 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

RSUs settled into common stock: 28,181 shares Shares owned after transaction: 64,012 shares RSU grant size: 28,181 RSUs +1 more

4 metrics

RSUs settled into common stock 28,181 shares Vesting and settlement of previously awarded RSUs

Shares owned after transaction 64,012 shares Direct ProPetro common stock holdings following RSU settlement

RSU grant size 28,181 RSUs Granted on May 21, 2025

Transaction effective date May 18, 2026 Date of RSU exercise/settlement reported on Form 4

Key Terms

Restricted Stock Units, contingent right, vesting, annual meeting of stockholders

4 terms

Restricted Stock Units financial

"Reflects shares of common stock ... delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs")."

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.

contingent right financial

"Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash..."

vesting financial

"On May 21 2025, the reporting person was granted 28,181 RSUs, vesting in full upon the earlier to occur..."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

annual meeting of stockholders financial

"Vesting in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2026..."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lawrence G Larry

(Last) (First) (Middle)

ONE MARIENFELD PLACE

110 N. MARIENFELD STREET, SUITE 300

(Street)

MIDLAND TEXAS 79701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ProPetro Holding Corp. [ PUMP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		M		28,181(1)	A	(2)	64,012	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	05/18/2026		M			28,181	(3)	(3)	Common Stock	28,181	$0	0	D

Explanation of Responses:

1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").

2. 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.

3. 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.

Remarks:

	/s/ John J. Mitchell, as attorney-in-fact for G. Larry Lawrence	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ProPetro (PUMP) report for Lawrence G. Larry?

ProPetro reported that director Lawrence G. Larry settled previously granted restricted stock units, receiving 28,181 shares of common stock. This was an equity compensation vesting event, not an open-market purchase or sale, and increased his directly held ProPetro share position.

How many ProPetro (PUMP) shares does Lawrence G. Larry own after this Form 4?

Following the vesting and settlement of 28,181 restricted stock units into common stock, Lawrence G. Larry holds 64,012 shares directly. The filing shows no remaining RSU position tied to this grant, indicating the award vested in full and fully converted into common shares.

What are the terms of the ProPetro (PUMP) RSUs granted to Lawrence G. Larry?

On May 21, 2025, Lawrence G. Larry was granted 28,181 restricted stock units. Each RSU represented a contingent right to receive either one share of ProPetro common stock or cash equal to its fair market value, vesting in full before the 2026 annual stockholder meeting.

Did Lawrence G. Larry buy or sell ProPetro (PUMP) shares in the market?

The Form 4 does not show any open-market buying or selling by Lawrence G. Larry. It reports only the exercise and settlement of 28,181 restricted stock units into common stock, an equity compensation event rather than a discretionary market trade in ProPetro shares.

How were Lawrence G. Larry’s ProPetro (PUMP) RSUs settled?

The RSUs were settled by delivering 28,181 shares of ProPetro common stock upon vesting. Each RSU entitled him to either one share or cash equal to that share’s fair market value, and this filing reflects settlement in stock, increasing his direct ownership stake.