ProPetro director receives new RSU awards
GOBE PHILLIP A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
GOBE PHILLIP A reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. director Phillip A. Gobe received two grants of Restricted Stock Units (RSUs) tied to ProPetro common stock. One award covers 2,055 RSUs and another covers 9,101 RSUs, each representing a right to receive either one share of common stock or cash equal to its fair market value.
The RSUs will vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual meeting of stockholders or May 20, 2027. These are compensation-related equity awards rather than open-market share purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,101 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,055 | $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 Unit financial
contingent right financial
fair market value financial
vest in full financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ProPetro (PUMP) report for Phillip A. Gobe?
When do Phillip A. Gobe’s new ProPetro (PUMP) RSUs vest?
What does each ProPetro (PUMP) RSU granted to Phillip A. Gobe represent?
Are Phillip A. Gobe’s ProPetro (PUMP) RSU grants open-market stock purchases?
How many ProPetro (PUMP) RSUs does Phillip A. Gobe hold after these grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.