Kenneth N. Berns - 30 Apr 2026 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Reporting relationship: Executive Vice President
Issuer ticker: PTEN
Reported as of: 30 Apr 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 04 May 2026, 19:38:03 UTC
Prior SEC filing: 05 May 2025
Next SEC filing: 07 May 2026
Source filing: View source filing
Reporting owner signature: By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Forrest Robinson

Key filing fact

Kenneth N. Berns filed Form 4 for PATTERSON UTI ENERGY INC (PTEN) on 04 May 2026.

Key facts

This page summarizes Kenneth N. Berns's Form 4 filing for PATTERSON UTI ENERGY INC (PTEN).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 04 May 2026, 19:38.

Change

Previous filing in this sequence was filed on 05 May 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001238210 Primary reporting owner

BERNS KENNETH N

Relationship: Executive Vice President
Address: 1801 CENTURY PARK EAST, SUITE 1111, LOS ANGELES
Signature: By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Forrest Robinson
Signature date: 04 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PTEN transaction

Common Stock

Award

Transaction value
Shares: +47,900
Change %: +4.6%
Price: $0.000000^*
Shares after: 1,079,920
Date: 30 Apr 2026
Ownership: Direct
Footnotes: F1

PTEN transaction

Common Stock

Tax liability

Transaction value
Shares: -11,157
Change %: -1%
Price: $12.22^*
Shares after: 1,068,763
Date: 01 May 2026
Ownership: Direct
Footnotes: F2

PTEN transaction

Common Stock

Options Exercise

Transaction value
Shares: +20,033
Change %: +1.9%
Price
Shares after: 1,088,796
Date: 01 May 2026
Ownership: Direct
Footnotes: F3

PTEN transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -20,033
Change %: -1.8%
Price: $10.80^*
Shares after: 1,068,763
Date: 01 May 2026
Ownership: Direct
Footnotes: F4

PTEN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 34,000
Date: 30 Apr 2026
Ownership: By Trust(s)
Footnotes: F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PTEN transaction Derivative

Cash-Settled Restricted Stock Units

Award

Transaction value
Shares: +32,000
Change %: +53%
Price
Shares after: 92,100
Date: 30 Apr 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 32,000
Exercise price
Footnotes: F6

PTEN transaction Derivative

Cash-Settled Restricted Stock Units

Options Exercise

Transaction value
Shares: -20,033
Change %: -22%
Price
Shares after: 72,067
Date: 01 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,033
Exercise price
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of April 30, 2027, April 30, 2028 and April 30, 2029.

Footnote F2

Shares disposed to pay applicable withholding taxes on Restricted Stock Units converted into Common Stock on May 1, 2026.

Footnote F3

Reflects the settlement of cash-settled restricted stock units that vested on May 1, 2026.

Footnote F4

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.

Footnote F5

Held by trust(s) for which the reporting person is the trustee.

Footnote 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.