Form 4: ProPetro Holding Corp. Director Phillip A. Gobe Reports Stock Transactions
SEC Form 4 Filing
Director Phillip A. Gobe reports the vesting and settlement of restricted stock units into common stock of ProPetro Holding Corp.
Summary
- On April 23, 2025, Phillip A. Gobe, a director of ProPetro Holding Corp., reported the vesting and settlement of 17,939 restricted stock units (RSUs).
- These RSUs converted into 17,939 shares of common stock.
- Following the transaction, Gobe directly owns 207,684 shares of ProPetro Holding Corp. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The vesting of RSUs and subsequent ownership of common stock by a director can signal alignment of interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Reporting person was granted 17,939 RSUs, vesting upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2025 and April 23, 2025. |
| 04/23/2025 | Transaction date: Vesting and settlement of 17,939 restricted stock units. |
| 04/24/2025 | Date of Form 4 signature. |
Keywords
ProPetro Holding Corp., PUMP, Phillip A. Gobe, Director, Form 4, Restricted Stock Units, RSUs, Common Stock, Vesting, Settlement, Beneficial Ownership
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