Form 4: PUMP Officer Munoz Disposes 75,000 Shares; Holds 88,376
Rhea-AI Filing Summary
Form 4 summary: Adam Munoz, President and COO of ProPetro Holding Corp. (PUMP), reported the sale of 75,000 shares of common stock on 08/04/2025. The Form 4 reports a weighted average sale price of $4.87 and states the shares were sold in multiple transactions at prices ranging from $4.80 to $4.95. Following the reported sale Munoz beneficially owns 88,376 shares (direct).
Filing details: The Form 4 was filed by one reporting person and signed on behalf of Munoz by attorney-in-fact John J. Mitchell on 08/05/2025. No derivative transactions are reported on this Form 4. A footnote offers to provide per-price breakdowns on request.
Positive
- Timely disclosure: Form 4 filed and signed on 08/05/2025, documenting the 08/04/2025 transaction.
- Transparent price disclosure: Footnote states weighted average $4.87 and price range $4.80–$4.95, with offer to provide per-price breakdown.
Negative
- Insider sale: President and COO sold 75,000 shares, reducing direct beneficial ownership to 88,376 shares.
Insights
TL;DR: Officer sold 75,000 PUMP shares; disclosed sale reduces direct holdings to 88,376 shares.
The Form 4 documents a direct sale of 75,000 ProPetro (PUMP) shares on 08/04/2025 at a reported weighted average price of $4.87. The filing reports no derivative activity and confirms the seller's role as President and COO. The footnote discloses the transaction price range ($4.80–$4.95) and offers detailed per-price allocation on request. Based solely on this disclosure, the transaction is a routine insider sale with transparent reporting.
TL;DR: Filing appears timely and compliant; sale executed via multiple trades and documented by attorney-in-fact.
The Form 4 was filed by a single reporting person and signed by an attorney-in-fact (John J. Mitchell) on 08/05/2025. The report includes the required footnote offering to provide detailed price-by-price information. No amendments or derivatives are shown. From a governance perspective, the filing meets Form 4 disclosure requirements as presented.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 75,000 | $4.87 | $365K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.80 to $4.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
FAQ
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