Johnson David Richard bought DTI
February 27, 2026 · Form 4 insider transaction
Johnson David Richard bought 112,009 shares of Drilling Tools International Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 13 days after the transaction.
Footnotes
Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock.; On February 27, 2026, the reporting person was granted 112,009 PSUs under the Plan, pursuant to the 2026 LTIP. The PSUs are subject to the achievement of performance conditions based on EBITDA, weighted at 100%, with annual reset over a three-year performance vesting period. Achievement at threshold results in a 50% payout opportunity, while achievement at maximum results in a 200% payout opportunity.