Hendricks William Andrew JR's Form 4 filing
Patterson Uti Energy Inc (PTEN) · filed May 4, 2026
- Accession no.
- 0001546374-26-000001
- Filed
- May 4, 2026
- Trade date
- Apr 30-May 1, 2026
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.96M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hendricks William Andrew JRCIK 0001546374 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 30, 2026 | Common Stock | AGrant or awardAcquired | +232,900 | $0.00 | $0 | 3,127,092 | Direct | |
| May 1, 2026 | Common Stock | FTax withholdingDisposed | −53,989 | $12.22 | −$659,745.58 | 3,073,103 | Direct | |
| May 1, 2026 | Common Stock | MOption exerciseAcquired | +97,333 | –F3 | – | 3,170,436 | Direct | |
| May 1, 2026 | Common Stock | DReturned to the companyDisposed | −97,333 | $10.80 | −$1,051,196.4 | 3,073,103 | Direct | |
| May 1, 2026 | Common Stock | SSaleDisposed | −250,000 | $11.85F5 | −$2,962,500 | 2,823,103 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.78 to $11.94, 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.
Referenced by the price of 1 transaction in Table I.
- F6
Each cash-settled restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Common Stock on the applicable vesting date. One-third of the cash-settled restricted stock units vests on each of April 30, 2027, April 30, 2028 and April 30, 2029.
Referenced by the price of 1 transaction in Table II.