ProPetro CEO RSUs Vest, Shares Withheld for Taxes
ProPetro Holding Corp.'s Chief Executive Officer and director Samuel D. Sledge reported routine equity compensation activity.
Rhea-AI Filing Summary
ProPetro Holding Corp.'s Chief Executive Officer and director Samuel D. Sledge reported routine equity compensation activity. On February 1, 2026, 58,121 restricted stock units vested and were settled into the same number of common shares. As part of this vesting, 22,871 common shares were withheld at a price of $11.49 per share to cover taxes due on the award. After these transactions, Sledge directly beneficially owned 549,193 shares of common stock and 414,412 restricted stock units, reflecting ongoing alignment of his compensation with shareholder equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 58,121 | $0.00 | $0.00 |
| Exercise | Common Stock | 58,121 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 22,871 | $11.49 | $263K |
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 February 1, 2023, the reporting person was granted 174,358 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ProPetro (PUMP) CEO Samuel Sledge report?
What happened to the 58,121 restricted stock units reported for ProPetro (PUMP)?
How many restricted stock units does the ProPetro (PUMP) CEO still hold?
What grant led to the ProPetro (PUMP) CEO’s current RSU vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.