Director Jeremy Thigpen (DTI) files initial Form 3 ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Drilling Tools International Corp director Jeremy D. Thigpen has filed a Form 3, which is an initial statement of beneficial ownership for insiders. The provided data lists him as a director and shows no reported purchases, sales, or derivative transactions, establishing a baseline disclosure of his status.
Positive
- None.
Negative
- None.
Key Figures
Reported purchases: 0 shares
Reported sales: 0 shares
Derivative transactions: 0
3 metrics
Reported purchases
0 shares
Form 3 transaction summary buyCount
Reported sales
0 shares
Form 3 transaction summary sellCount
Derivative transactions
0
Form 3 transaction summary derivativeTransactionCount
Key Terms
Form 3, initial statement of beneficial ownership, reporting person, derivative transactions
4 terms
Form 3 regulatory
"Jeremy D. Thigpen has filed a Form 3, which is an initial statement"
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.
initial statement of beneficial ownership regulatory
"Form 3, which is an initial statement of beneficial ownership for insiders"
An initial statement of beneficial ownership is the first regulatory filing an insider or large investor submits to disclose the amount of a company's stock they control or benefit from. It matters to investors because it reveals who has significant influence over a company—like showing who’s holding the cards—and helps track potential conflicts of interest, insider motives, and future buying or selling that can move the stock price.
reporting person regulatory
"The Form 3 identifies Jeremy D. Thigpen as a reporting person and director"
derivative transactions financial
"shows no reported purchases, sales, or derivative transactions, establishing a baseline"
Derivative transactions are contracts whose value depends on the price or performance of something else—like stocks, bonds, currencies, interest rates or commodities. Think of them as insurance or bets about a future price: investors use them to protect against losses, lock in prices, or try to amplify returns, but they can also magnify losses, create cash demands and expose a firm to the risk that the other party won’t meet its obligation, so they can materially affect a company’s financial stability and volatility.
FAQ
What does the Drilling Tools International Corp (DTI) Form 3 for Jeremy D. Thigpen show?
The Form 3 identifies Jeremy D. Thigpen as a director of Drilling Tools International Corp. It serves as his initial statement of beneficial ownership and, in the provided data, shows no reported purchases, sales, or derivative transactions in the issuer’s securities.
What role does Jeremy D. Thigpen hold at Drilling Tools International Corp (DTI)?
Jeremy D. Thigpen is reported as a director of Drilling Tools International Corp in the Form 3. Being listed as a director means he is considered an insider and must file ownership reports, starting with this initial statement of beneficial ownership.
Are there any derivative positions reported for Jeremy D. Thigpen in DTI on this Form 3?
The derivative summary in this Form 3 excerpt is empty, and the transaction summary lists zero derivative transactions. This indicates no options, warrants, or other derivative dealings are reported for Jeremy D. Thigpen in the provided portion of the filing.
Why is Form 3 important for Drilling Tools International Corp (DTI) insiders like Jeremy D. Thigpen?
Form 3 is the first official record of an insider’s beneficial ownership in a public company. For Jeremy D. Thigpen at Drilling Tools International Corp, it establishes baseline disclosure, helping investors track any future changes reported on subsequent Forms 4 or 5.