Drummond Robert Wayne Jr sold PTEN
February 14, 2025 · Form 4 insider transaction
Drummond Robert Wayne Jr sold 230,000 shares of Patterson-UTI Energy, Inc. at $8.89 per share, a transaction worth $2.04M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
230,000
Price
$8.89
Total value
$2.04M
InsiderDrummond Robert Wayne Jr
Role—
SecurityCommon Stock, $.01 par value per share
Transaction codeS: Open-market sale
Transaction dateFebruary 14, 2025
Filing dateFebruary 18, 2025
Shares owned after1,549,081
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.83 to $9.24, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.