BERG MARK STEPHEN 4
4 · ProPetro Holding Corp. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
ProPetro (PUMP) Director Mark Berg Receives RSU Award (9,101)
What Happened Mark Stephen Berg, a director of ProPetro Holding Corp. (PUMP), received a grant of 9,101 restricted stock units (RSUs) on 2026-05-20. The award is reported as an "A" (award/grant) and shows an acquisition price of $0. This was a derivative grant (RSUs), not an open-market purchase or sale—no cash changed hands at grant and the economic value depends on ProPetro’s stock price at vesting.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-21 (filed timely).
- Transaction type/code: Award (A) — 9,101 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Each RSU entitles the holder to one share of common stock or cash equal to the share’s fair market value. The RSUs vest in full on the earlier of the day before the 2027 annual meeting and May 20, 2027.
- Filing timeliness: Reported within the typical Form 4 window (no late filing flag).
Context RSUs are a form of compensation/retention award that convert to shares (or cash) at vesting; they are common for directors and executives and do not by themselves indicate a buy or sell signal. Because the reported acquisition price is $0, the immediate grant cost to the director is none; realized value will depend on ProPetro’s stock price when the units vest or settle.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-05-20+9,101→ 9,101 total→ Common Stock (9,101 underlying)
Footnotes (1)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive either one share of the Issuer's common stock ("Common Stock") or an amount of cash equal to the fair market value of one share of Common Stock. The RSUs will vest in full upon the earlier to occur of the day immediately preceding the Issuer's annual meeting of stockholders in 2027 and May 20, 2027.