Neuman Eric C 4
4 · Drilling Tools International Corp · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Drilling Tools International Director Eric C. Neuman Receives Award
What Happened
Eric C. Neuman, a director of Drilling Tools International Corp. (DTI), was granted 23,438 restricted stock units (RSUs) on April 29, 2026. The reported grant is a derivative award (transaction code A) with a reported acquisition price of $0.00, so no immediate cash value is shown at grant.
Key Details
- Transaction date: 2026-04-29; SEC filing date: 2026-04-30 (Accession 0001193125-26-197168)
- Security: 23,438 restricted stock units (RSUs); price reported: $0.00; reported total value at grant: $0 (derivative award)
- Shares owned after transaction: not specified in the provided filing details
- Footnotes:
- F1 — Each RSU represents a contingent right to one common share; RSUs vest 100% on April 29, 2027 (one year after grant).
- F2 — Each RSU represents a contingent right to one common share; RSUs vest 100% on May 13, 2026 (one year after an earlier grant date).
- Filing timeliness: filed the day after the transaction; no late-filing flag noted in the provided data
Context
RSUs are compensation awards that convert into shares only upon vesting; they are not an open-market purchase or sale. Because this was a grant (not a sale), it doesn't by itself indicate buying or selling sentiment—it's typical director compensation. The footnotes suggest the award may include tranches with different vesting dates; the reported item is a derivative grant subject to future vesting.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-04-29+23,438→ 23,438 total→ Common Stock
- 312,896
Common Stock
- 28,626
Restricted Stock Units
[F2]→ Common Stock
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest 100% on April 29, 2027, the one-year anniversary of the grant date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest 100% on May 13, 2026, the one-year anniversary of the grant date.