BERNS KENNETH N sold PTEN
May 1, 2026 · Form 4 insider transaction
BERNS KENNETH N sold 20,033 shares of Patterson-UTI Energy, Inc. at $10.80 per share, a transaction worth $216.4K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 3 days after the transaction.
Direction
Disposed (sell-side)
Shares
20,033
Price
$10.80
Total value
$216.4K
InsiderBERNS KENNETH N
Role—
SecurityCommon Stock
Transaction codeD: Disposition to the issuer
Transaction dateMay 1, 2026
Filing dateMay 4, 2026
Shares owned after1,068,763
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
No shares were actually issued, disposed or sold. Under applicable SEC guidance, cash settlement of restricted stock units is deemed to involve the conversion of the cash-settled restricted stock units into the underlying common stock and the simultaneous disposition of the common stock to the Company for cash. Accordingly, Table 1 uses Transaction Code D to report the cash-settled restricted stock unit settlement.