Domino Michael Wayne Jr. 4

What Happened

• Michael Wayne Domino Jr., President of the DTR Division of Drilling Tools International Corp (DTI), sold 2,083 shares on May 15, 2026 at $3.07 per share, for proceeds of $6,395. The filing indicates the sale was completed pursuant to a Rule 10b5-1 trading plan adopted November 17, 2025. This was a sale (not a purchase) and is typically treated as routine when done under a pre-established 10b5-1 plan.

Key Details

• Transaction date and price: 2026-05-15 at $3.07 per share.
• Shares sold / proceeds: 2,083 shares / $6,395 total.
• Shares owned after transaction: not specified in the filing.
• Filing date / timeliness: Form 4 filed May 15, 2026; transaction and report date are the same (no late filing indicated).
• Notable footnotes from the filing:
  • F1: Sale executed under a Rule 10b5-1 trading plan (adopted Nov 17, 2025).
  • F2–F4: RSUs: defined as rights to receive one share each; prior RSUs vest annually over four years from Feb 28, 2025, and an additional grant of 22,859 RSUs was made Feb 27, 2026 that vest in substantially equal installments over three years (subject to service).
  • F5–F6: PSUs: defined as rights to receive one share each; 68,577 PSUs were granted Feb 27, 2026, subject to EBITDA-based performance over a three-year period (threshold = 50% payout; maximum = 200% payout).
  • F7–F8: Stock options: vesting schedule noted; all option shares are vested.

Context

• Because the sale was made under a pre-established 10b5-1 plan, it was likely a scheduled disposition and should not by itself be taken as an immediate signal of insider sentiment. The filing also records recent equity awards (RSUs and PSUs) and that stock options are vested, which are separate from the sale reported here.