Drilling Tools International Corp·4

Apr 30, 4:05 PM ET

FURST JACK D 4

4 · Drilling Tools International Corp · Filed Apr 30, 2026

Research Summary

AI-generated summary of this filing

Updated

Drilling Tools (DTI) Director Jack Furst Receives 23,438 RSUs

What Happened

  • Jack D. Furst, a director of Drilling Tools International Corp (DTI), was granted 23,438 derivative awards on April 29, 2026. The award is reported as 23,438 restricted stock units (RSUs) acquired at $0.00 (reported value $0). These RSUs represent contingent rights to receive one share of common stock per unit upon vesting.

Key Details

  • Transaction date: April 29, 2026; Form 4 filed April 30, 2026 (timely).
  • Instrument: Derivative award (restricted stock units) reported as acquisition (Code A).
  • Grant amount and price: 23,438 RSUs at $0.00 (total reported value $0).
  • Vesting: Per the filing, these RSUs vest 100% on April 29, 2027 (one-year anniversary of the grant) (see footnote F3).
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Filing notes: F1 indicates Furst is trustee of JDF Long Term Trust and may have voting/dispositive power over shares held by JDF; F2 disclaims beneficial ownership of shares held by Oak Stream Investors II, Ltd.; F5 notes all stock options held by the reporting person are vested and were received in exchange for Legacy DTI options (contextual background).

Context

  • This is an equity award (grant of RSUs), not a purchase or sale. RSUs are contingent — they convert to shares if and when they vest, so the award itself does not immediately change market ownership or signal a sale. The grant’s zero purchase price is standard for RSU awards.

Insider Transaction Report

Form 4
Period: 2026-04-29
FURST JACK D
Director
Transactions
  • Award

    Restricted Stock Units

    [F3]
    2026-04-29+23,43823,438 total
    Common Stock
Holdings
  • Common Stock

    [F1]
    (indirect: By Trust)
    458,737
  • Common Stock

    32,322
  • Common Stock

    [F2]
    (indirect: by Oak Stream Investors II, Ltd.)
    118,252
  • Restricted Stock Units

    [F4]
    Common Stock
    28,626
  • Stock Option (right to buy)

    [F5]
    Common Stock
    57,059
Footnotes (5)
  • [F1]The Reporting Person is the trustee of JDF Long Term Trust ("JDF"). The Reporting Person may be deemed to have voting power and dispositive power over the shares held by JDF.
  • [F2]The Reporting Person disclaims any beneficial ownership of any shares of common stock held by Oak Stream Investors II, Ltd., other than his pecuniary interest therein.
  • [F3]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.
  • [F4]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.
  • [F5]All shares of common stock subject to stock options held by the Reporting Person are vested. The stock options were received in exchange for stock options to purchase 250,000 shares of common stock of Drilling Tools International Holdings, Inc. ("Legacy DTI") for $0.85 per share in connection with the Issuer's business combination with Legacy DTI.
Signature
/s/ John Niedzwiecki, as Attorney-in-fact|2026-04-30

Documents

1 file
  • 4
    ownership.xmlPrimary

    4