ProPetro (PUMP) CCO Fietz reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
ProPetro Holding Corp. reported an insider equity transaction by its Chief Commercial Officer, Shelby K. Fietz. On November 26, 2025, 104,384 shares of common stock were delivered upon the vesting and settlement of previously granted restricted stock units (RSUs), each RSU representing the right to receive one share or cash equal to its value.
To cover taxes related to this vesting, 39,385 shares of common stock were withheld at a price of $9.42 per share. After these transactions, Fietz directly beneficially owned 194,578 shares of ProPetro common stock and 201,776 RSUs that remain outstanding from a 313,152-unit grant made on November 26, 2023, which vests in three substantially equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 104,384 | $0.00 | -- |
| Exercise | Common Stock | 104,384 | $0.00 | -- |
| Tax Withholding | Common Stock | 39,385 | $9.42 | $371K |
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 November 26, 2023, the reporting person was granted 313,152 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did ProPetro (PUMP) report for Shelby K. Fietz?
ProPetro reported that Chief Commercial Officer Shelby K. Fietz received 104,384 shares of common stock on November 26, 2025 from the vesting and settlement of previously awarded restricted stock units (RSUs).
What restricted stock units are still outstanding for Shelby K. Fietz at ProPetro (PUMP)?
After the vesting on November 26, 2025, Fietz held 201,776 RSUs that remain outstanding, each representing a contingent right to receive one share of common stock or cash equal to its fair market value.
When were Shelby K. Fietz’s ProPetro (PUMP) RSUs originally granted and how do they vest?
On November 26, 2023, Fietz was granted 313,152 RSUs, which are scheduled to vest in three substantially equal annual installments beginning on the first anniversary of the grant date.
What is the role of the reporting person in this ProPetro (PUMP) Form 4?
The reporting person, Shelby K. Fietz, is identified as an officer of ProPetro Holding Corp., serving as the company’s Chief Commercial Officer.