Form 4: ProPetro Holding Corp. President and COO Adam Munoz Sells Shares
SEC Form 4
Adam Munoz, President and COO of ProPetro Holding Corp., sold 42,573 shares of common stock at an average price of $9.28 on May 3, 2024.
Summary
- On May 3, 2024, Adam Munoz, the President and COO of ProPetro Holding Corp., sold 42,573 shares of the company's common stock.
- The sale was executed at a weighted average price of $9.28 per share.
- The prices for individual transactions ranged from $9.26 to $9.30.
- Following the transaction, Munoz directly owns 58,134 shares of ProPetro Holding Corp.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which can be of interest to investors.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Adam Munoz sold shares of ProPetro Holding Corp. |
| 05/06/2024 | Date of report: Form 4 filing date. |
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