Form 4: ProPetro Holding Corp. Officer Celina A. Davila Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Celina A. Davila, Chief Accounting Officer of ProPetro Holding Corp., reports the vesting and settlement of restricted stock units and related tax withholding.

Summary

  • On February 1, 2025, Celina A. Davila, Chief Accounting Officer of ProPetro Holding Corp., engaged in transactions involving the company's common stock.
  • 3,343 shares were acquired upon the vesting and settlement of restricted stock units (RSUs).
  • 992 shares were disposed of to satisfy tax obligations related to the vesting of these RSUs at a price of $8.88 per share.
  • Following these transactions, Davila directly owns 15,105 shares of ProPetro Holding Corp. common stock and 24,020 restricted stock units.
  • The reported transactions were executed under Table I and Table II of the SEC Form 4.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative performance for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.

Key Dates

DateDescription
02/01/2023Reporting person was granted 10,029 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
02/01/2025Date of earliest transaction: vesting and settlement of RSUs and tax withholding.
02/04/2025Date of signature for the report.

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