ProPetro counsel exercises RSUs, withholds shares
ProPetro Holding Corp. General Counsel and Corporate Secretary John J. Mitchell exercised previously awarded restricted stock units on March 4, 2026.
Rhea-AI Filing Summary
ProPetro Holding Corp. General Counsel and Corporate Secretary John J. Mitchell exercised previously awarded restricted stock units on March 4, 2026. He converted 18,705 RSUs into 18,705 shares of common stock at a stated price of $0.0000 per share. To cover taxes from this vesting and settlement, 7,361 common shares were withheld at $12.4900 per share. After these transactions, he held 118,396 shares of common stock and 107,661 RSUs directly. On March 4, 2025, he was granted 56,117 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,705 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,705 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,361 | $12.49 | $92K |
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 March 4, 2025, the reporting person was granted 56,117 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
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What insider transactions did PUMP’s John J. Mitchell report on March 4, 2026?
What are the terms of John J. Mitchell’s 56,117 RSU grant at ProPetro (PUMP)?
How do ProPetro (PUMP) restricted stock units reported by John J. Mitchell settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.