Jacobi Paul M. 4

What Happened
Paul M. Jacobi, Chief Business Officer and a director of Mammoth Energy Services, received 3,211 shares on 2026-06-17. The shares were reported at $0.00 per share (total value $0) and are described as an in‑kind distribution rather than a purchase.

Key Details

• Transaction date: 2026-06-17; filing date: 2026-06-22 (filed 5 days after the transaction; Form 4 is typically due within 2 business days, so this appears later than usual).
• Transaction type/code: "Other acquisition or disposition" (code J) — an in‑kind distribution.
• Shares transacted: 3,211 shares at $0.00; total reported consideration $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The shares represent an in‑kind distribution from MEH SUB LLC (managed by Wexford Capital LP) that did not involve a purchase, sale, or additional consideration.
• Remark: Shares previously reported in a 2024 Form 4 were retained by Mr. Jacobi rather than assigned to Wexford Capital LP due to updated employment terms.

Context
This was an in‑kind award/distribution, not an open‑market purchase or sale, so it does not directly signal the insider buying more stock with personal funds. Such distributions, awards, or retained shares are often administrative or compensation-related and should be interpreted differently from cash purchases or sales.