ProPetro (PUMP) CEO Samuel Sledge reports RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
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
58,121 shares exercised/converted
Mixed
3 txns
Insider
Sledge Samuel D
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 58,121 | $0.00 | -- |
| Exercise | Common Stock | 58,121 | $0.00 | -- |
| Tax Withholding | Common Stock | 22,871 | $11.49 | $263K |
Holdings After Transaction:
Restricted Stock Units — 414,412 shares (Direct);
Common Stock — 572,064 shares (Direct)
Footnotes (1)
- Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs"). 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. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs. 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
What insider transaction did ProPetro (PUMP) CEO Samuel Sledge report?
Samuel Sledge reported vesting of 58,121 restricted stock units that settled into common shares. The filing reflects routine equity compensation activity for the Chief Executive Officer, not an open-market purchase or discretionary sale.
What happened to the 58,121 restricted stock units reported for ProPetro (PUMP)?
The 58,121 restricted stock units vested and were settled into the same number of ProPetro common shares. Each unit represented a right to receive one share or the cash value of one share upon vesting.
How many restricted stock units does the ProPetro (PUMP) CEO still hold?
Following the vesting event, Samuel Sledge held 414,412 restricted stock units. These units represent additional potential future common shares or equivalent cash value, subject to their vesting schedule and terms.
What grant led to the ProPetro (PUMP) CEO’s current RSU vesting?
The vesting ties back to a February 1, 2023 grant of 174,358 restricted stock units. These RSUs were structured to vest in three substantially equal annual installments starting one year after the grant date.