Form 4 for DTI Drilling Tools International Corp
Accepted 2026-03-12 00:00:00 ET · period of report 2026-02-27 · accession 0001193125-26-104075 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-12 | 2026-02-28 | DTI | Prejean Robert Wayne | CEO, Dir | M - OptEx | $0.00 | +71.1K | 509.6K | +16% | $0 |
| DM | 2026-03-12 | 2026-02-27 | DTI | Prejean Robert Wayne | CEO, Dir | A - Grant | $0.00 | +342.9K | 85.7K | New | $0 |
| D | 2026-03-12 | 2026-02-28 | DTI | Prejean Robert Wayne | CEO, Dir | M - OptEx | $0.00 | -71.1K | 213.3K | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-02-28 | M | A | 71,090 | $0.00 | 509,619 | D | — | — | |
| 2 | Derivative | Performance Stock Units | 2026-02-27 | A | A | 257,162 | $0.00 | 257,162 | D | — · — to — | 257,162 Common Stock | (F4) Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock. (F5) On February 27, 2026, the reporting person was granted 257,162 PSUs under the Plan, pursuant to the 2026 LTIP. The PSUs are subject to the achievement of performance conditions based on EBITDA, weighted at 100%, with annual reset over a three-year performance vesting period. Achievement at threshold results in a 50% payout opportunity, while achievement at maximum results in a 200% payout opportunity. |
| 3 | Derivative | Restricted Stock Units | 2026-02-27 | A | A | 85,721 | $0.00 | 85,721 | D | — · — to — | 85,721 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Drilling Tools International Corp's (the "Company") common stock. (F3) On February 27, 2026, the reporting person was granted 85,721 RSUs under the Company's 2023 Omnibus Incentive Plan, as may be amended from time to time (the "Plan"), pursuant to the 2026 long-term incentive program approved by the Board of Directors (the "2026 LTIP"). The RSUs vest in substantially equal installments on each of the first three (3) anniversaries of the grant date, subject to continued service. |
| 4 | Derivative | Restricted Stock Units | 2026-02-28 | M | D | 71,090 | $0.00 | 213,270 | D | — · — to — | 71,090 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Drilling Tools International Corp's (the "Company") common stock. (F2) The RSUs vest in substantially equal installments on each of the first four (4) anniversaries of the grant date, February 28, 2025. |