Drilling Tools (NASDAQ: DTI) director granted 23,438 RSUs, now holds 312,896 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuman Eric C reported acquisition or exercise transactions in this Form 4 filing.
Drilling Tools International Corp director Eric C. Neuman reported an equity award and updated holdings. He received a grant of 23,438 Restricted Stock Units, each representing a contingent right to one share of common stock, vesting 100% on April 29, 2027. Following the transactions, he directly holds 312,896 shares of common stock and 23,438 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Neuman Eric C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,438 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 23,438 shares (Direct, null);
Common Stock — 312,896 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest 100% on April 29, 2027, the one-year anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest 100% on May 13, 2026, the one-year anniversary of the grant date.
Key Figures
RSU grant size: 23,438 Restricted Stock Units
Post-transaction common shares: 312,896 shares
RSU vesting date: April 29, 2027
+2 more
5 metrics
RSU grant size
23,438 Restricted Stock Units
Grant on April 29, 2026, code A (grant/award)
Post-transaction common shares
312,896 shares
Common Stock directly held after transactions
RSU vesting date
April 29, 2027
RSUs vest 100% on one-year anniversary of grant
RSU exercise price
$0.0000 per unit
Compensation award, not purchased for cash
RSUs following transaction
23,438 units
Total Restricted Stock Units directly held after award
Key Terms
Restricted Stock Units, contingent right, vest 100%, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"He received a grant of 23,438 Restricted Stock Units, each representing a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest 100% financial
"The restricted stock units vest 100% on April 29, 2027, the one-year anniversary"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Eric C. Neuman report for DTI?
Eric C. Neuman reported receiving 23,438 Restricted Stock Units in Drilling Tools International Corp. These RSUs are a stock-based compensation award that convert into common shares if vesting conditions are met, providing additional equity exposure beyond his existing common stock holdings.
When do Eric C. Neuman’s new DTI Restricted Stock Units vest?
The newly granted 23,438 Restricted Stock Units vest 100% on April 29, 2027. According to the footnote, each unit then converts into one share of Drilling Tools International common stock, provided the vesting conditions are satisfied and the award has not been forfeited.
What does each Restricted Stock Unit represent in the DTI Form 4 filing?
Each Restricted Stock Unit represents a contingent right to receive one share of Drilling Tools International common stock. The units only convert into shares upon vesting, as described in the footnotes, which detail the vesting schedule and link the RSUs directly to the issuer’s common stock.
Was the Form 4 transaction for DTI an open-market buy or sell?
The Form 4 reflects a grant or award of 23,438 Restricted Stock Units, not an open-market buy or sell. The transaction is coded as an acquisition related to compensation, indicating stock-based awards rather than discretionary trading in Drilling Tools International shares.
Does the DTI Form 4 show any derivative position details for Eric C. Neuman?
Yes. The filing shows Restricted Stock Units as derivative securities tied to Drilling Tools International common stock. It records 23,438 RSUs following the award, with an exercise price of $0.0000, reflecting that these units are granted as compensation rather than purchased for cash.