Sledge Samuel D 4
Accession 0001680247-26-000005
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:22 PM ET
Size
6.3 KB
Accession
0001680247-26-000005
Research Summary
AI-generated summary of this filing
ProPetro CEO Samuel D. Sledge Receives Award; Shares Withheld
What Happened Samuel D. Sledge, CEO of ProPetro Holding Corp. (PUMP), received 226,665 shares of common stock upon vesting and settlement of previously awarded performance stock units (PSUs) on 2026-01-19 (grant code A). To satisfy tax withholding obligations from that vesting, 75,361 shares were delivered/withheld (transaction code F) at an indicated value of $10.29 per share, totaling $775,465. The award shares were issued at $0.00 cost to the insider (typical for vested equity awards).
Key Details
- Transaction dates: 2026-01-19 (award and withholding); Form 4 filed 2026-01-21 (appears timely).
- Award: 226,665 shares acquired (code A) at $0.00 (no cash purchase).
- Tax withholding: 75,361 shares disposed (code F) at $10.29 → $775,465 withheld to cover taxes.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = shares delivered upon vesting/settlement of PSUs; F2 = shares withheld to satisfy taxes.
- Transaction codes explained: A = Award/Grant; F = Tax withholding (share surrender) — routine, not an open-market sale.
Context This was a settlement of equity compensation (PSUs) rather than an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a common administrative step and does not necessarily indicate a change in the insider’s investment stance.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-19+226,665→ 589,304 total - Tax Payment
Common Stock
[F2]2026-01-19$10.29/sh−75,361$775,465→ 513,943 total
Footnotes (2)
- [F1]Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded performance stock units ("PSUs").
- [F2]Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded PSUs.
Signature
Documents
Issuer
ProPetro Holding Corp.
CIK 0001680247
Related Parties
1- filerCIK 0001806544
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:22 PM ET
- Size
- 6.3 KB