Form 4: ProPetro Holding Corp. Officer 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 related tax withholding.
Summary
- On September 4, 2024, Celina A. Davila, Chief Accounting Officer of ProPetro Holding Corp., reported transactions involving common stock.
- These transactions included the vesting and settlement of 1,990 restricted stock units (RSUs), resulting in the acquisition of 1,990 shares of common stock.
- Additionally, 485 shares were withheld to satisfy tax obligations related to the RSU vesting at a price of $7.59 per share.
- Following these transactions, Davila directly owns 12,754 shares of ProPetro Holding Corp. common stock and 27,363 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/04/2023 | Date the reporting person was granted 5,970 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. |
| 09/04/2024 | Date of the reported transactions: vesting and settlement of RSUs and tax withholding. |
| 09/05/2024 | Date of signature for the Form 4 filing. |
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