Key facts
- This page summarizes William Andrew Hendricks Jr.'s Form 4 filing for PATTERSON UTI ENERGY INC (PTEN).
- 7 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 04 May 2026, 19:39.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Tax liability
Options Exercise
Disposed to Issuer
Sale
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Options Exercise
Additional SEC filing notes
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
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.
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.