Domino Michael Wayne Jr. 4
4 · Drilling Tools International Corp · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
DTI President Michael Domino Jr. Sells 2,083 Shares
What Happened
- Michael Domino Jr., President of the DTR Division at Drilling Tools International Corp (DTI), disposed of 2,083 shares on April 15, 2026 at $2.89 per share, for proceeds of $6,020. The transaction is reported as a sale (code S) and was executed pursuant to a Rule 10b5‑1 trading plan.
Key Details
- Transaction date and price: April 15, 2026 — 2,083 shares sold at $2.89 each (total ~$6,020).
- Transaction type: Sale (S); executed under a Rule 10b5‑1 plan adopted November 17, 2025 (Footnote F1).
- Shares owned after transaction: Not specified in the supplied filing excerpt.
- Other disclosures in the filing:
- RSUs: Reporting person has restricted stock units; a grant of 22,859 RSUs on Feb 27, 2026 (vest over three years) is noted (F2–F4).
- PSUs: 68,577 performance stock units granted on Feb 27, 2026 with EBITDA‑based performance vesting over three years (F5–F6).
- Stock options: All option shares are indicated as vested (F7–F8).
- Filing timeliness: Period of report and filing date are both April 15, 2026 (no late‑filing indication in the excerpt).
Context
- Sales executed under a pre-existing Rule 10b5‑1 plan are typically automatic and scheduled; they do not necessarily indicate the insider’s view of the company. The sale amount here is modest (~$6K) relative to typical executive trades and should be considered routine unless accompanied by other material insider activity.
Insider Transaction Report
Form 4
Domino Michael Wayne Jr.
President, DTR Division
Transactions
- Sale
Common Stock
[F1]2026-04-15$2.89/sh−2,083$6,020→ 1,443,750 total
Holdings
- 75,829
Restricted Stock Units
[F2][F3]→ Common Stock - 22,859
Restricted Stock Units
[F2][F4]→ Common Stock - 68,577
Performance Stock Units
[F5][F6]→ Common Stock - 300,000
Stock Option (Right to Buy)
[F7]→ Common Stock - 370,264
Stock Option (Right to Buy)
[F8]→ Common Stock
Footnotes (8)
- [F1]This transaction was completed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Drilling Tools International Corp's (the "Company") common stock.
- [F3]The RSUs vest in substantially equal installments on each of the first four (4) anniversaries of the grant date, February 28, 2025.
- [F4]On February 27, 2026, the reporting person was granted 22,859 RSUs under the Company's 2023 Omnibus Incentive Plan, as may be amended from time to time (the "Plan"), pursuant to the 2026 long-term incentive program approved by the Board of Directors (the "2026 LTIP"). The RSUs vest in substantially equal installments on each of the first three (3) anniversaries of the grant date, subject to continued service.
- [F5]Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock.
- [F6]On February 27, 2026, the reporting person was granted 68,577 PSUs under the Plan, pursuant to the 2026 LTIP. The PSUs are subject to the achievement of performance conditions based on EBITDA, weighted at 100%, with annual reset over a three-year performance vesting period. Achievement at threshold results in a 50% payout opportunity, while achievement at maximum results in a 200% payout opportunity.
- [F7]Two-thirds (2/3) of the stock options have vested in substantially equal installments on each of the first two (2) anniversaries of the grant date, with the remaining one-third (1/3) scheduled to vest on the third (3rd) anniversary of the grant date, February 14, 2024.
- [F8]All shares of common stock subject to the stock options are vested.
Signature
/s/ Michael Wayne Domino Jr.|2026-04-15