RICCIARDELLO MARY P 4
Research Summary
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ProPetro (PUMP) Director Mary P. Ricciardello Receives RSU Award
What Happened Mary P. Ricciardello, a director of ProPetro Holding Corp. (PUMP), received a grant of 9,101 restricted stock units (RSUs) on 2026-05-20. The award was reported on an SEC Form 4 filed 2026-05-21. The grant is recorded at $0.00 (no cash paid at grant); the RSUs are a derivative right that may convert to shares or cash based on fair market value.
Key Details
- Transaction date: 2026-05-20 (Form 4 filed 2026-05-21) — appears to have been filed timely the next day.
- Grant: 9,101 Restricted Stock Units (transaction code A, derivative award); reported price $0.00.
- Vesting: RSUs vest in full upon the earlier of the day immediately preceding the issuer’s 2027 annual meeting of stockholders and May 20, 2027 (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Each RSU represents a contingent right to receive one share of common stock or a cash amount equal to one share’s fair market value.
Context This was an equity award (compensation/retention grant) to a director, not an open-market purchase or sale. Such awards are common for board compensation and do not by themselves indicate buying/selling sentiment. The RSUs are derivative awards that will convert to stock or cash only upon vesting and any subsequent payout.