Jaime Cesar 4

What Happened
Jaime Cesar, a director of Patterson-UTI Energy Inc. (PTEN), sold 10,000 shares of PTEN common stock in an open-market transaction on May 5, 2026. The shares were sold at $12.29 each for a total transaction value of $122,900. This was a sale (code S), which is often routine liquidity rather than a direct indicator of insider conviction.

Key Details

• Transaction date: 2026-05-05 (reported on Form 4 filed 2026-05-07; Accession 0001919699-26-000003)
• Price per share: $12.29; Shares sold: 10,000; Total value: $122,900
• Transaction type: Open-market sale (reporting code S)
• Shares owned after transaction: Not specified in the provided summary—see the official Form 4 for the post-transaction beneficial ownership amount
• Footnotes/plan info: No 10b5‑1 plan, tax withholding, or other footnotes were provided in the summarized data
• Timeliness: Filing appears timely (transaction period 2026-05-05; Form 4 filed 2026-05-07)

Context
Sales by directors can reflect routine portfolio management or liquidity needs and are generally less informative than purchases about insider sentiment. For full details (post-transaction holdings, any footnotes, or related transactions), review the official Form 4 filing on the SEC EDGAR site.