ProPetro Holding (NYSE: PUMP) director makes 15,000-share stock gift
Rhea-AI Filing Summary
ProPetro Holding Corp. director Phillip A. Gobe reported a bona fide gift of 15,000 shares of common stock on August 5, 2026. The gift, reported at $0.00 per share, left him with 220,865 shares of ProPetro common stock held directly following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares
Net Sell
1 txn
Insider
GOBE PHILLIP A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 220,865 shares (Direct)
Footnotes (1)
- F1. On August 5, 2026, the reporting person made bona fide gifts of an aggregate of 15,000 shares.
Key Figures
Shares gifted: 15,000 shares
Price per share: $0.00
Shares owned after transaction: 220,865 shares
+1 more
4 metrics
Shares gifted
15,000 shares
Bona fide gift of ProPetro common stock on August 5, 2026
Price per share
$0.00
Reported value per share for the 15,000-share gift transaction
Shares owned after transaction
220,865 shares
Direct holdings of Phillip A. Gobe following the August 5, 2026 gift
Gift transaction count
1 transaction
One bona fide gift transaction reported in this Form 4
Key Terms
bona fide gift, non-derivative, acquired_disposed_code
3 terms
bona fide gift regulatory
"The transaction code description is "Bona fide gift" for 15,000 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
non-derivative financial
"The common stock transaction is classified as a "non-derivative" security."
acquired_disposed_code regulatory
"An acquired_disposed_code of "D" indicates a disposition of the shares."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ProPetro (PUMP) report for Phillip A. Gobe?
Phillip A. Gobe reported a bona fide gift of ProPetro common stock. On August 5, 2026, he gifted 15,000 shares at $0.00 per share, a non-sale disposition that reduced his holdings but did not involve any cash proceeds.
Was the ProPetro (PUMP) insider transaction a sale or a gift?
The reported insider transaction was a gift, not a sale. It is coded as a G transaction, described as a bona fide gift of 15,000 ProPetro common shares at $0.00 per share, meaning no sale price or trading proceeds were involved.
Did Phillip A. Gobe use a Rule 10b5-1 plan for this ProPetro (PUMP) transaction?
The filing’s Rule 10b5-1 checkbox is not marked as a plan trade. The document-level indicator shows the 10b5-1 box unchecked, and there is no footnote stating the August 5, 2026 gift occurred under a pre-arranged trading plan.