Neuman Eric C 4

What Happened

• Eric C. Neuman, a director of Drilling Tools International Corp. (DTI), was reported to have acquired 172,593 shares on 2026-03-31. The shares were recorded at $0.00 per share (total value $0) because they were distributed pro rata to limited partners of HHEP-Directional, L.P. rather than purchased on the open market. This is an acquisition by distribution, not a market purchase.

Key Details

• Transaction date and price: 2026-03-31; 172,593 shares at $0.00 per share (transaction code J — other acquisition/disposition).
• Consideration: Shares received as a pro rata distribution to limited partners of HHEP‑Directional, L.P.; no cash exchanged (see footnote F1).
• Shares owned after transaction: Not specified in the supplied excerpt of the filing.
• Additional note (F2): Restricted stock units mentioned in the filing represent rights to receive one share each and vest 100% on May 13, 2026.
• Filing timeliness: Report filed 2026-04-02 for a 2026-03-31 transaction; this appears to be within the typical two-business-day Form 4 filing window.

Context

• This was a distribution from a partnership interest (not a cash purchase), so it should not be read as a straightforward bullish personal purchase by the director. Distributions and partnership-related transfers often reflect structural or tax arrangements rather than a change in insider sentiment.
• For retail investors tracking insider activity, outright purchases are usually more informative; distributions like this are useful to note but typically have different implications.