Domino Michael Wayne Jr. 4
Research Summary
AI-generated summary
Drilling Tools (DTI) President Michael Domino Sells 6,249 Shares
What Happened
- Domino Michael Wayne Jr., President of the DTR Division at Drilling Tools International Corp (DTI), sold a total of 6,249 shares on February 17, 2026. The sales were in two tranches: 4,166 shares at $4.00 ($16,664) and 2,083 shares at $3.88 ($8,082), totaling roughly $24,746. These were dispositions (sales), not purchases.
Key Details
- Transaction dates and prices: 2026-02-17 — 4,166 shares @ $4.00; 2026-02-17 — 2,083 shares @ $3.88.
- Total proceeds: approximately $24,746.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: The trades were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025 (pre-arranged trading plan).
- Filing date: Form filed February 17, 2026 (same day as the reported transactions), which indicates the reporting appears timely.
Context
- These were sales under a 10b5-1 plan, meaning the trades were pre-authorized and likely executed according to a preset schedule or conditions. Sales alone are not a clear signal of insider sentiment; 10b5-1 activity is often routine and pre-planned rather than reactive.