Lawrence G Larry 4
4 · ProPetro Holding Corp. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
ProPetro (PUMP) Director Lawrence G. Larry Receives 9,101 RSU Award
What Happened
Lawrence G. Larry, a director of ProPetro Holding Corp. (PUMP), was granted 9,101 restricted stock units (RSUs) on 2026-05-20. The filing lists the acquisition price as $0.00 (transaction code A — award/grant), so no cash was exchanged at grant. The RSUs are derivatives that will convert into either one share of common stock per RSU or a cash amount equal to the fair market value of a share at vesting.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-21 (timely).
- Type: Grant / Award (Code A); derivative instrument = RSUs.
- Quantity: 9,101 RSUs; reported price $0.00; no immediate dollar value reported.
- Vesting: RSUs vest in full upon the earlier of the day immediately preceding the Issuer’s 2027 annual meeting and May 20, 2027 (per footnote).
- Shares owned after transaction: Not disclosed in this filing.
- Filing timeliness: Reported the next day — not marked late.
Context
RSUs are a form of compensation and represent a contingent right to future stock or cash based on the company's share price at vesting; they are not an immediate purchase or sale of shares. Such grants are common for directors and do not by themselves indicate insider buying/selling sentiment.
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.