Form 4: ProPetro Holding Corp. Director Michele Vion Reports Stock Transactions

Sentiment:

SEC Form 4


Director Michele Vion reports the vesting and settlement of restricted stock units (RSUs) and acquisition of additional RSUs in ProPetro Holding Corp.

Summary

  • On April 22, 2024, Michele Vion, a director of ProPetro Holding Corp., had 21,116 restricted stock units (RSUs) vest, resulting in the delivery of 21,116 shares of common stock.
  • Following this transaction, Vion directly owns 46,784 shares of ProPetro Holding Corp.
  • On April 23, 2024, Vion was granted 17,939 additional RSUs that will vest upon the earlier of the day immediately preceding the Issuer's annual meeting of stockholders in 2025 and April 23, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Future Outlook

The newly granted RSUs will vest upon the earlier of the day immediately preceding the Issuer's annual meeting of stockholders in 2025 and April 23, 2025.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership.

Key Dates

DateDescription
04/22/202421,116 RSUs vested and settled, resulting in the delivery of 21,116 shares of common stock.
04/23/2024Grant of 17,939 RSUs vesting upon the earlier of the day immediately preceding the Issuer's annual meeting of stockholders in 2025 and April 23, 2025.
04/24/2024Date of Form 4 filing.

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