Sledge Samuel D 4

What Happened
Samuel D. Sledge, CEO of ProPetro Holding Corp. (PUMP), had 58,121 restricted stock units (RSUs) vest and convert into common shares on February 1, 2026. To satisfy tax withholding obligations, 22,871 of those shares were withheld at $11.49 per share for a total of $262,788. This was a vesting/settlement of previously awarded RSUs (not an open-market sale or purchase).

Key Details

• Transaction date: February 1, 2026; Form 4 filed Feb 3, 2026 (reporting period 2026-02-01).
• Actions reported: conversion/exercise of derivative (code M) of 58,121 RSUs into shares; tax withholding (code F) of 22,871 shares at $11.49 each = $262,788. Another M-line at $0.00 reflects the RSU-to-share settlement.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes: RSUs reflect contingent rights to receive one share (or cash). Shares were withheld to satisfy taxes; the RSUs were from a 2/1/2023 grant of 174,358 RSUs vesting in three substantially equal annual installments.
• Timeliness: filing appears timely (no late filing indicated).

Context
This was a routine RSU vesting and tax-withholding transaction (common for executives) rather than an open-market sale or a discretionary purchase. The form shows conversion of RSU derivatives into shares and withholding of a portion to cover taxes—a cashless-like settlement method for payroll taxes. Such vesting events do not, by themselves, signal a buy or sell opinion about the stock.