Director Anthony James Best receives 28,181 ProPetro (PUMP) shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProPetro Holding Corp. director Anthony James Best increased his direct common stock holdings through an RSU vesting event. On May 18, 2026, previously granted 28,181 restricted stock units fully vested and settled into the same number of common shares, with no cash exercise price.
The RSUs were originally granted on May 21, 2025, and were structured to vest in full before the company’s 2026 annual stockholder meeting or by May 21, 2026, whichever occurred first. Following the settlement, Best directly holds 139,120 shares of ProPetro common stock, and the reported RSU grant has been fully settled.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,181 shares exercised/converted
Mixed
2 txns
Insider
BEST ANTHONY JAMES
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,181 | $0.00 | -- |
| Exercise | Common Stock | 28,181 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 139,120 shares (Direct, null)
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. On May 21 2025, the reporting person was granted 28,181 RSUs, vesting in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2026 and May 21, 2026.
Key Figures
RSUs vested and settled: 28,181 units/shares
Shares held after transaction: 139,120 shares
RSU grant date: May 21, 2025
+2 more
5 metrics
RSUs vested and settled
28,181 units/shares
Restricted stock units vesting into common stock on May 18, 2026
Shares held after transaction
139,120 shares
Direct ProPetro common stock holdings following RSU settlement
RSU grant date
May 21, 2025
Original grant of 28,181 restricted stock units
RSU vesting condition deadline
May 21, 2026
Latest date for full vesting or day before 2026 annual meeting
Exercise/settlement price
$0.00 per unit
RSUs settled with no cash exercise price
Key Terms
Restricted Stock Units, RSUs, contingent right, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"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."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"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."
annual meeting of stockholders financial
"On May 21 2025, the reporting person was granted 28,181 RSUs, vesting in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2026 and May 21, 2026."
FAQ
What insider transaction did ProPetro (PUMP) director Anthony James Best report?
Anthony James Best reported vesting and settlement of 28,181 restricted stock units into the same number of ProPetro common shares. This was an equity compensation event, not an open-market purchase or sale, and increased his direct common stock holdings.
When were the ProPetro (PUMP) restricted stock units originally granted to Anthony James Best?
The 28,181 restricted stock units were granted on May 21, 2025. They were designed to vest in full before the 2026 annual stockholder meeting or by May 21, 2026, providing time-based equity compensation linked to board service.