Crofford Curt L. 4

What Happened

• Curt L. Crofford, a Director of Drilling Tools International Corp. (DTI), was granted 23,438 restricted stock units (RSUs) on April 29, 2026. The grant is reported as a derivative acquisition at $0.00 per unit (code A — award/grant). The RSUs represent contingent rights to receive common shares upon vesting; no cash was paid at grant.

Key Details

• Transaction date: 2026-04-29; filing date (Form 4): 2026-04-30 (timely, filed one day after the transaction).
• Price reported: $0.00 per unit (award of RSUs, not a market purchase or sale).
• Shares affected: 23,438 RSUs granted. Shares owned after the transaction are not disclosed in the provided summary.
• Footnotes:
  • F1: Some RSUs vest 100% on April 29, 2027 (one-year anniversary of grant).
  • F2: Some RSUs vest 100% on May 13, 2026 (one-year anniversary of that grant date).
• Transaction code: A = Award/Grant (derivative), not a sale (S) or purchase (P).

Context

• RSUs are contingent rights to receive shares in the future if vesting conditions are met; they do not represent immediate transferable stock. The reported $0.00 is the grant price, not the economic value at vesting (which will depend on DTI’s stock price at that time).
• This is a compensation grant to an insider (director) rather than an open-market buy or sell; such awards are common and should be interpreted differently than purchases or sales when assessing insider sentiment.