Form 4: Mammoth Energy Services Director Sells Shares in Open Market Transactions

Corey J. Booker, a director at Mammoth Energy Services, sold a total of 10,707 shares of common stock in two separate transactions on November 13th and 14th, 2024.

Summary

• Corey J. Booker, a director at Mammoth Energy Services, Inc., sold 7,100 shares of common stock on November 13, 2024, at a weighted average price of $3.676 per share.
• The shares were sold in multiple transactions with prices ranging from $3.66 to $3.71 per share.
• On November 14, 2024, Mr. Booker sold an additional 3,607 shares at a price of $3.50 per share.
• Following these transactions, Mr. Booker's direct holdings in Mammoth Energy Services decreased to 162,197 shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity. It does not indicate any positive or negative sentiment about the company's performance or future prospects.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the oil and gas services industry.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly listed companies, and this transaction is not unusual.
• Similar filings are regularly made by directors and officers of companies like Halliburton (HAL), Schlumberger (SLB), and Baker Hughes (BKR) when they buy or sell shares of their respective companies.

Stakeholder Impact

• The share sales by a director may have a minor negative impact on investor sentiment, but it is unlikely to have a significant impact on the company's operations or financial health.

Key Dates

Keywords

Mammoth Energy Services, TUSK, Corey J. Booker, insider trading, share sale, Form 4, director