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.