Form 4: ProPetro Holding Corp. Executive Celina A. Davila Reports Stock Transactions
SEC Form 4 Filing
Celina A. Davila, Chief Accounting Officer of ProPetro Holding Corp., reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On February 16, 2025, Celina A. Davila, the Chief Accounting Officer of ProPetro Holding Corp., reported transactions involving the company's common stock.
- These transactions involved the vesting and settlement of 1,602 restricted stock units (RSUs).
- As a result of the RSU settlement, Davila acquired 1,602 shares of common stock.
- 475 shares were withheld to cover taxes at a price of $8.81 per share.
- Following these transactions, Davila directly owns 16,232 shares of ProPetro Holding Corp.
- Davila also holds 22,418 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a factual report of transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Reporting person was granted 4,804 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. |
| 02/16/2025 | Date of transaction: vesting and settlement of restricted stock units. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
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