STOCK TITAN

Curt L. Crofford receives 23,438 RSUs at Drilling Tools International (DTI)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Crofford Curt L. reported acquisition or exercise transactions in this Form 4 filing.

Drilling Tools International Corp director Curt L. Crofford reported an equity award and updated holdings. The Form 4 shows a grant of 23,438 restricted stock units, each representing a contingent right to receive one share of common stock. These restricted stock units vest 100% on April 29, 2027, the one-year anniversary of the grant date. The filing also reflects direct ownership of 116,769 common shares after the reported transactions and references a separate restricted stock unit award that vests on May 13, 2026.

Positive

  • None.

Negative

  • None.
Insider Crofford Curt L.
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 — 116,769 shares (Direct, null)
Footnotes (1)
  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.
RSU grant size 23,438 units Restricted stock units granted to Curt L. Crofford
RSU vesting date April 29, 2027 100% vesting one year after grant
Common shares held 116,769 shares Direct common stock ownership after reported transactions
RSU exercise price $0.0000 Conversion price per restricted stock unit
Additional RSU vesting May 13, 2026 Separate RSU award vests 100% on this date
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
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 of the Issuer's common stock."
vest 100% financial
"The restricted stock units vest 100% on April 29, 2027, the one-year anniversary of the grant date."
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Crofford Curt L.

(Last)(First)(Middle)
10370 RICHMOND AVENUE, SUITE 1000

(Street)
HOUSTON TEXAS 77042

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Drilling Tools International Corp [ DTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock116,769D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/29/2026A23,438 (1) (1)Common Stock(1)$023,438D
Restricted Stock Units(2) (2) (2)Common Stock(2)28,626D
Explanation of Responses:
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.
2. 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.
/s/ John Niedzwiecki, as Attorney-in-fact04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Drilling Tools International (DTI) report for Curt L. Crofford?

Drilling Tools International reported that director Curt L. Crofford received 23,438 restricted stock units as an equity award. Each unit gives a contingent right to one common share, providing stock-based compensation rather than a cash transaction or open-market purchase or sale.

How many Drilling Tools International (DTI) shares does Curt L. Crofford hold after this Form 4?

After the reported transactions, Curt L. Crofford holds 116,769 shares of Drilling Tools International common stock directly. This figure reflects his direct equity position as disclosed in the Form 4 and provides context for the scale of the new restricted stock unit grant.

When do Curt L. Crofford’s new Drilling Tools International (DTI) restricted stock units vest?

The newly granted restricted stock units vest 100% on April 29, 2027, one year after the grant date. Vesting means those units convert into common shares at that time, assuming the vesting conditions described in the award remain satisfied and unchanged.

What does each restricted stock unit represent for Drilling Tools International (DTI)?

Each restricted stock unit represents a contingent right to receive one share of Drilling Tools International common stock. The right becomes actual shares only upon vesting on the specified date, aligning director compensation with future company performance and continued service requirements.

Does this Drilling Tools International (DTI) Form 4 show any open-market stock sales or purchases?

The Form 4 does not show any open-market purchases or sales; it records an equity award of restricted stock units. The grant is categorized as a compensation-related acquisition, not a buy or sell transaction in the market, and leaves direct share count disclosed at 116,769.