Form 4: Drilling Tools International Corp Director Acquires Restricted Stock Units

Sentiment:

SEC Form 4


Thomas Monroe Patterson, a director of Drilling Tools International Corp, reports acquisition of restricted stock units.

Summary

  • On May 14, 2024, Thomas Monroe Patterson, a director of Drilling Tools International Corp, acquired 18,610 restricted stock units that vest 100% on the grant date.
  • Additionally, Patterson acquired 13,712 restricted stock units that vest 100% upon the one-year anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock unit grants to a director.

Positives

  • The acquisition of restricted stock units by a director may indicate confidence in the company's future performance.

Stakeholder Impact

  • The acquisition of restricted stock units by a director could positively influence shareholder sentiment.

Key Dates

DateDescription
05/14/2024Date of transaction: Acquisition of restricted stock units.
05/16/2024Date of signature for the Form 4 filing.

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