Drilling Tools (DTI) President Michael Domino Jr. Sells Shares

What Happened
Michael Wayne Domino Jr., President of the DTR division of Drilling Tools International Corp. (DTI), disposed of 2,083 shares on August 14, 2026 at $2.50 per share for proceeds of $5,208. The filing lists the transaction as a sale (code S) and indicates it was executed pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-08-14 — 2,083 shares sold at $2.50 each (total $5,208).
• Filing date / report period: Form 4 filed 2026-08-17 covering the 2026-08-14 transaction. No late filing is indicated in the provided details.
• Shares owned after transaction: Not specified in the provided filing excerpt — see the Form 4 for full holdings.
• Notable footnote: F1 — sale executed under a Rule 10b5-1 plan adopted by the reporting person on November 17, 2025 (indicates pre-set trading instructions).
• Other grants/awards disclosed in the filing:
  • RSUs: grants/vest schedules noted (each RSU = one share). Prior RSUs vest in equal installments over four anniversaries from Feb 28, 2025 (F2–F3). A 22,859-RSU grant on Feb 27, 2026 vests in equal installments over three anniversaries (F4).
  • PSUs: 68,577 performance stock units granted Feb 27, 2026; payout tied 100% to EBITDA over a 3-year performance period, with payout range from 50% (threshold) to 200% (maximum) (F5–F6).
  • Stock options: all option shares are vested (F7–F8).

Context

• This was a sale under a pre-established 10b5-1 plan, which typically means the transaction followed predetermined instructions and is often considered routine rather than a discretionary signal of sentiment.
• The filing also details recent equity awards and performance units that could affect future insider holdings if they vest and convert to shares; PSUs depend on multi-year EBITDA performance.