Form 4: ProPetro COO Adam Munoz Reports PSU Vesting and Tax Withholding
Insider Transaction Report
ProPetro Holding Corp.'s President and COO, Adam Munoz, reported the vesting of performance stock units and subsequent tax-related share disposition.
Summary
- Adam Munoz, President and COO of ProPetro Holding Corp. (PUMP), reported transactions related to the company's common stock.
- On January 19, 2026, 113,332 shares of common stock were acquired by Mr. Munoz due to the vesting and settlement of previously awarded performance stock units (PSUs).
- Concurrently, 30,834 shares of common stock were disposed of at a price of $10.29 per share to satisfy tax obligations related to the PSU vesting.
- Following these transactions, Mr. Munoz beneficially owns 153,644 shares of ProPetro Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to executive compensation (PSU vesting and tax withholding), which is generally neutral in sentiment as it reflects standard operational procedures rather than new strategic developments or unexpected financial performance.
Positives
- The vesting of 113,332 performance stock units indicates the achievement of performance criteria, aligning executive incentives with company performance.
Negatives
- A disposition of 30,834 shares occurred to cover tax liabilities, which is a standard practice but reduces the direct shareholding.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding executive compensation and insider holdings, which is a standard disclosure and generally has a neutral impact.
- Employees: No direct impact on general employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 01/19/2026 | Transaction date for the acquisition of shares from PSU vesting and disposition of shares for tax withholding. |
| 01/21/2026 | Date the Form 4 was signed by John J. Mitchell, as attorney-in-fact for Adam Munoz. |
Keywords
ProPetro Holding Corp., PUMP, Adam Munoz, Form 4, Insider Transaction, Performance Stock Units, PSU Vesting, Executive Compensation, Stock Disposition, Tax Withholding
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