Form 4: Patterson Uti Energy CEO Sells Shares
Insider Transaction (Form 4)
William Andrew Hendricks Jr, President & CEO and a Director of Patterson Uti Energy Inc, sold 250,000 shares of common stock on September 2, 2026 for $12.93 per share.
Summary
- Open-market sale: disposed of 250,000 Common Stock at $12.93 ($3,232,500) on September 2, 2026; holds 2,292,474 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $3,232,500 of stock on the open market.
Insider Transactions
William Andrew Hendricks Jr — Director, Officer (President & CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-02 | Open-market sale | Common Stock | 250,000 | $13 | $3.2M | 2,292,474 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-02 | Open-market sale (250,000 shares) |
Keywords
insider transaction, Form 4, PTEN, PATTERSON UTI ENERGY INC, bearish, William Andrew Hendricks Jr
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