FURST JACK D 4

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.