Form 4 for PTEN PATTERSON UTI ENERGY INC
Accepted 2026-05-04 19:39:40 ET · period of report 2026-04-30 · accession 0001546374-26-000001 · 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 | 2026-05-04 19:39 | 2026-04-30 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | A - Grant | $0.00 | +232.9K | 3.13M | +8% | $0 |
| D | 2026-05-04 19:39 | 2026-05-01 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | F - Tax | $12.22 | -54.0K | 3.07M | -2% | -$659.7K |
| D | 2026-05-04 19:39 | 2026-05-01 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | M - OptEx | — | +97.3K | 3.17M | +3% | — |
| D | 2026-05-04 19:39 | 2026-05-01 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | D - Sale to Iss | $10.80 | -97.3K | 3.07M | -3% | -$1.05M |
| D | 2026-05-04 19:39 | 2026-05-01 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | S - Sale+OE | $11.85 | -250.0K | 2.82M | -8% | -$2.96M |
| D | 2026-05-04 19:39 | 2026-04-30 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | A - Grant | — | +155.3K | 447.3K | +53% | — |
| D | 2026-05-04 19:39 | 2026-05-01 | PTEN | Hendricks William Andrew JR | Pres, CEO, Dir | M - OptEx | — | -97.3K | 350.0K | -22% | — |
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 | 2026-04-30 | A | A | 232,900 | $0.00 | 3,127,092 | D | — | — | (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. |
| 2 | Common | Common Stock | 2026-05-01 | F | D | 53,989 | $12.22 | 3,073,103 | D | — | — | (F2) Shares disposed to pay applicable withholding taxes on Restricted Stock Units converted into Common Stock on May 1, 2026. |
| 3 | Common | Common Stock | 2026-05-01 | M | A | 97,333 | — | 3,170,436 | D | — | — | (F3) Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026. |
| 4 | Common | Common Stock | 2026-05-01 | D | D | 97,333 | $10.80 | 3,073,103 | D | — | — | (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. |
| 5 | Common | Common Stock | 2026-05-01 | S | D | 250,000 | $11.85 | 2,823,103 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.78 to $11.94, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. 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 range set forth in this footnote. |
| 6 | Derivative | Cash-Settled Restricted Stock Units | 2026-04-30 | A | A | 155,300 | — | 447,300 | D | — · — to — | 155,300 Common Stock | (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. (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. (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. (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. |
| 7 | Derivative | Cash-Settled Restricted Stock Units | 2026-05-01 | M | D | 97,333 | — | 349,967 | D | — · — to — | 97,333 Common Stock | (F3) Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026. (F3) Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026. (F3) Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026. (F3) Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026. |