Kimes Daniel Jeffrey 4
4 · Drilling Tools International Corp · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Drilling Tools (DTI) Director Daniel Kimes Receives RSU Award
What Happened Daniel Kimes, a director of Drilling Tools International Corp. (DTI), received a grant of 23,438 restricted stock units (RSUs) on April 29, 2026. The RSUs were recorded at $0.00 per unit (no cash exchanged) and are reported as a derivative award — effectively a contingent right to receive shares in the future. Total immediate cash value reported: $0.
Key Details
- Transaction date: 2026-04-29; Filing date: 2026-04-30 (timely filing).
- Transaction type/code: A — Award/Grant (derivative security, RSUs).
- Amount: 23,438 restricted stock units; reported acquisition price: $0.00; immediate reported value: $0.
- Vesting: RSUs vest 100% on April 29, 2027 (see footnote).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Each RSU is a contingent right to one share; full vesting occurs on the one-year anniversary of the grant.
Context RSUs are a common form of equity compensation and do not represent current share ownership until they vest and are converted into actual shares. This grant is a compensation award, not a market purchase or sale, so it does not indicate an immediate bullish or bearish trading action by the director.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-04-29+23,438→ 23,438 total→ Common Stock
- 216,575
Common Stock
Footnotes (1)
- [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.