ProPetro (NYSE: PUMP) counsel exercises RSUs, withholds shares for taxes

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.

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
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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^*

Mitchell John J

(Last) (First) (Middle)

ONE MARIENFELD PLACE

110 N. MARIENFELD STREET, SUITE 300

(Street)

MIDLAND TX 79701

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Gen. Counsel & Corp. Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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

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

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

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	03/04/2026		M		18,705(1)	A	(2)	125,757	D
Common Stock	03/04/2026		F		7,361(3)	D	$12.49	118,396	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)	03/04/2026		M			18,705	(4)	(4)	Common Stock	18,705	$0	107,661	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. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.

4. 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.

Remarks:

	/s/ John J. Mitchell	03/05/2026
	** 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.
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FAQ

What insider transactions did PUMP’s John J. Mitchell report on March 4, 2026?

John J. Mitchell reported exercising 18,705 restricted stock units into 18,705 shares of ProPetro common stock and a related tax-withholding disposition of 7,361 shares, all dated March 4, 2026, with resulting direct ownership changes disclosed.

How many ProPetro (PUMP) shares does John J. Mitchell hold after these Form 4 transactions?

After the March 4, 2026 transactions, John J. Mitchell directly holds 118,396 shares of ProPetro common stock and 107,661 restricted stock units, as reported in the Form 4, reflecting his updated equity position following vesting and tax withholding.

What was the purpose of the 7,361 PUMP shares disposed of by John J. Mitchell?

The 7,361 ProPetro common shares were withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded restricted stock units, at a reported price of $12.4900 per share, indicating a tax-withholding disposition rather than an open-market sale.

What are the terms of John J. Mitchell’s 56,117 RSU grant at ProPetro (PUMP)?

On March 4, 2025, John J. Mitchell received 56,117 restricted stock units from ProPetro. These RSUs vest in three substantially equal annual installments, beginning on the first anniversary of the grant date, creating a multi-year equity compensation schedule.

How do ProPetro (PUMP) restricted stock units reported by John J. Mitchell settle?

Each restricted stock unit represents a contingent right to receive either one share of ProPetro common stock or cash equal to the fair market value of one share, upon vesting and settlement, as described in the filing’s footnotes.

What roles does John J. Mitchell hold at ProPetro (PUMP) related to this Form 4 filing?

John J. Mitchell is identified as an officer of ProPetro, serving as General Counsel and Corporate Secretary, and he reports these equity transactions in that capacity as a company insider under Section 16.