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Grant4
PATTERSON UTI ENERGY INC
PTEN
Total Value
$352.7K
Company Information
- Company Name
- PATTERSON UTI ENERGY INC
- Ticker Symbol
- PTEN
- CIK
- 0000889900
Insider Information
- Name
- BERNS KENNETH N
- Role
- Executive Vice President
- Location
- LOS ANGELES, CA
Officer
Filing Details
- Filing Date
- May 4, 2026
- Transaction Date
- Apr 30, 2026
- Accession Number
- 0001238210-26-000002
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Apr 30, 2026 | Common Stock | 47,900 | — | Grant/Award | — |
| May 1, 2026 | Common Stock | 11,157 | $12.22 | Tax Withholding | $136.3K |
| May 1, 2026 | Common Stock | 20,033 | — | Exercise | — |
| May 1, 2026 | Common Stock | 20,033 | $10.80 | Disposition | $216.4K |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| Apr 30, 2026 | Derivative | 32,000 | — | Grant/Award | — |
| May 1, 2026 | Derivative | 20,033 | — | Exercise | — |
Footnotes
- (F1)Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of April 30, 2027, April 30, 2028 and April 30, 2029.
- (F2)Shares disposed to pay applicable withholding taxes on Restricted Stock Units converted into Common Stock on May 1, 2026.
- (F3)Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026.
- (F4)No shares were actually issued, disposed or sold. Under applicable SEC guidance, cash settlement of restricted stock units is deemed to involve the conversion of the cash-settled restricted stock units into the underlying common stock and the simultaneous disposition of the common stock to the Company for cash. Accordingly, Table 1 uses Transaction Code D to report the cash-settled restricted stock unit settlement.
- (F5)Held by trust(s) for which the reporting person is the trustee.
- (F6)Each cash-settled restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Common Stock on the applicable vesting date. One-third of the cash-settled restricted stock units vests on each of April 30, 2027, April 30, 2028 and April 30, 2029.