Key facts
- This page summarizes David Richard Johnson's Form 4 filing for Drilling Tools International Corp (DTI).
- 2 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 10 Nov 2026, 17:19.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Purchase
Purchase
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
No transaction description listed
No transaction description listed
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote F1
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.49 to $1.67, inclusive. The reporting person undertakes to Drilling Tools International Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, to provide full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 2 to this Form 4.
Footnote F2
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.49 to $1.67, inclusive. The reporting person undertakes to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, to provide full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 2 to this Form 4.
Footnote F3
Each RSU represents a contingent right to receive one share of the Company common stock.
Footnote F4
The RSUs vest in substantially equal installments on each of the first four (4) anniversaries of the grant date, February 28, 2025.
Footnote F5
On February 27, 2026, the reporting person was granted 37,336 RSUs under the Company's 2023 Omnibus Incentive Plan, as may be amended from time to time (the "Plan"), pursuant to the 2026 long-term incentive program approved by the Board of Directors (the "2026 LTIP"). The RSUs vest in substantially equal installments on each of the first three (3) anniversaries of the grant date, subject to continued service.
Footnote F6
Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock.
Footnote F7
On February 27, 2026, the reporting person was granted 112,009 PSUs under the Plan, pursuant to the 2026 LTIP. The PSUs are subject to the achievement of performance conditions based on EBITDA, weighted at 100%, with annual reset over a three-year performance vesting period. Achievement at threshold results in a 50% payout opportunity, while achievement at maximum results in a 200% payout opportunity.
Footnote F8
Two-thirds (2/3) of the stock options have vested in substantially equal installments on each of the first two (2) anniversaries of the grant date, with the remaining one-third (1/3) scheduled to vest on the third (3rd) anniversary of the grant date, February 14, 2024.
Footnote F9
All shares of common stock subject to the stock options are vested.
SEC remarks
On March 12, 2026, the reporting person filed a Form 4 which inadvertently reported that, following the vesting of restricted stock units ("RSUs"), he retained 30,964 shares of common stock. In fact, as reported in this amendment, 9,181 shares were withheld by Drilling Tools International Corp (the "Company") to pay for taxes. The corrected amount is reflected in this amendment. Exhibit 24 - Power of Attorney.