ProPetro director granted 9,101 RSUs
Lawrence G Larry reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Lawrence G Larry reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. director Lawrence G. Larry received a grant of 9,101 restricted stock units. These RSUs are a form of equity compensation, granted at no cash cost and settled later in either common shares or cash equal to the share’s fair market value.
The 9,101 RSUs will vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual stockholders’ meeting or May 20, 2027. After this grant, Larry holds 9,101 RSUs directly, reflecting a routine compensation award rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,101 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive either one share of the Issuer's common stock ("Common Stock") or an amount of cash equal to the fair market value of one share of Common Stock. The RSUs will vest in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2027 and May 20, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
fair market value financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ProPetro (PUMP) director Lawrence G. Larry report on this Form 4?
How many ProPetro (PUMP) restricted stock units were granted to Lawrence G. Larry?
When do Lawrence G. Larry’s ProPetro (PUMP) RSUs vest?
Does this ProPetro (PUMP) Form 4 show any stock sales or purchases by Lawrence G. Larry?
What does each ProPetro (PUMP) RSU granted to Lawrence G. Larry represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.