Drilling Tools (DTI) director Kimes reports 216,575 Common Stock shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Drilling Tools International Corp director Daniel Jeffrey Kimes filed an initial ownership report showing beneficial ownership of 216,575 shares of Common Stock. This Form 3 does not reflect any new buy or sell transaction; it simply establishes his direct ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kimes Daniel Jeffrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 216,575 shares (Direct, null)
Footnotes (1)
Key Figures
Common Stock beneficially owned: 216,575 shares
1 metrics
Common Stock beneficially owned
216,575 shares
Direct ownership reported on Form 3
Key Terms
Form 3, beneficial ownership, Common Stock
3 terms
Form 3 regulatory
"director Daniel Jeffrey Kimes filed an initial ownership report"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"showing beneficial ownership of 216,575 shares of Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"beneficial ownership of 216,575 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does the Drilling Tools International (DTI) Form 3 filing show for Daniel Jeffrey Kimes?
The Form 3 shows that director Daniel Jeffrey Kimes beneficially owns 216,575 shares of Drilling Tools International Common Stock. This filing establishes his initial ownership position as an insider, rather than reporting a new stock purchase or sale transaction.
Is the DTI Form 3 for Daniel Jeffrey Kimes a stock purchase or sale?
No, the DTI Form 3 for Daniel Jeffrey Kimes does not report a stock purchase or sale. It is an initial statement of beneficial ownership, listing 216,575 Common Stock shares he already holds as a company insider at the time of the filing.
What type of security is disclosed in the DTI Form 3 for Daniel Jeffrey Kimes?
The DTI Form 3 for Daniel Jeffrey Kimes discloses ownership of Common Stock. He reports 216,575 Common Stock shares held directly, providing investors with transparency about his equity stake as a director of Drilling Tools International Corp.
Does the DTI Form 3 include any derivative securities for Daniel Jeffrey Kimes?
No, the DTI Form 3 does not list any derivative securities for Daniel Jeffrey Kimes. The filing only shows direct ownership of 216,575 Common Stock shares, with no options, warrants, or other derivative positions reported in the derivative summary section.