Domino Michael Wayne Jr. 4

What Happened

• Michael Wayne Domino Jr., President of the DTR division at Drilling Tools International Corp (DTI), sold 3,169 shares on March 31, 2026 at $4.00 per share, for total proceeds of $12,676. The sale was reported on Form 4 and coded as a sale (S).

Key Details

• Transaction date and price: 2026-03-31 — 3,169 shares at $4.00 each (total $12,676).
• Transaction type: Sale (open market or private sale, Form 4 code S).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025 (preplanned trade).
  • F4/F6: On February 27, 2026 Domino was granted 22,859 RSUs and 68,577 PSUs under the 2026 LTIP (RSUs vest over time; PSUs subject to EBITDA performance over a three-year period with 50% payout at threshold and up to 200% at maximum).
  • F3/F7/F8: The filing references other equity awards/vesting: certain RSUs vesting installments (grant date Feb 28, 2025) and stock options which are vested.
• Filing timeliness: Reported and filed on 2026-03-31 (period of report 2026-03-31) — appears timely.

Context

• The sale was executed under a 10b5-1 plan, meaning it was a preauthorized trade and generally indicates the transaction was planned in advance rather than a discretionary sale based on recent material information. The filing also shows recent equity awards (RSUs and PSUs) granted in late February 2026 that remain subject to vesting and performance conditions. This sale is relatively small in dollar terms and, standing alone, should be viewed as routine insider selling rather than a definitive signal about company performance.