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Drilling Tools International Corp·4

Apr 30, 4:05 PM ET

Neuman Eric C 4

Research Summary

AI-generated summary

Updated

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.