ProPetro (NYSE: PUMP) SVP reports 49,751 RSUs across 2024–2026 grants

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ProPetro Holding Corp. senior vice president of operations William Michael Wood reported his initial holdings of equity awards in the form of restricted stock units (RSUs). The filing shows he holds RSUs tied to 49,751 shares of common stock, all held directly.

Each RSU represents a contingent right to receive either one share of ProPetro common stock or cash equal to the fair market value of one share. These RSUs vest in three substantially equal annual installments starting on the first anniversary of the grant dates.

The position includes 9,862 RSUs granted on February 28, 2024, 18,126 RSUs granted on March 4, 2025, and 21,763 RSUs granted on February 27, 2026, providing a multi‑year, service-based compensation structure for the executive.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wood William Michael

Role Sr Vice President - Operations

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 49,751 shares (Direct, null)

Footnotes (1)

Each restricted stock unit ("RSU") represents a contingent right to receive either one share of common stock of the Issuer ("Common Stock") or an amount of cash equal to the fair market value of one share of Common Stock. The RSUs will vest in three substantially equal annual installments, beginning on the first anniversary of the date granted. Includes (i) 9,862 RSUs granted on February 28, 2024, (ii) 18,126 RSUs granted on March 4, 2025, and (iii) 21,763 RSUs granted on February 27, 2026.

Key Figures

Total RSU underlying shares: 49,751 shares 2024 RSU grant: 9,862 RSUs 2025 RSU grant: 18,126 RSUs +2 more

5 metrics

Total RSU underlying shares 49,751 shares Total shares underlying RSUs held directly after reporting

2024 RSU grant 9,862 RSUs Granted on February 28, 2024

2025 RSU grant 18,126 RSUs Granted on March 4, 2025

2026 RSU grant 21,763 RSUs Granted on February 27, 2026

RSU exercise price $0.00 per unit Conversion or exercise price for the RSUs

Key Terms

Restricted Stock Units, RSU, contingent right, vest, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" and derivativeSummary "Restricted Stock Units""

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.

RSU financial

"Each restricted stock unit ("RSU") represents a contingent right to receive either one share"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

contingent right financial

"represents a contingent right to receive either one share of common stock"

vest financial

"The RSUs will vest in three substantially equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

fair market value financial

"or an amount of cash equal to the fair market value of one share"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

Understanding Insider Trading Forms →

04/27/2026 - 04:10 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
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1. Name and Address of Reporting Person^*

Wood William Michael

(Last)

(First)

(Middle)

ONE MARIENFELD PLACE

110 N. MARIENFELD STREET, SUITE 300

(Street)

MIDLAND

TEXAS

79701

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/27/2026

3. Issuer Name and Ticker or Trading Symbol
ProPetro Holding Corp. [ PUMP ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr Vice President - Operations

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽¹⁾	⁽¹⁾	Common Stock	49,751⁽²⁾	⁽¹⁾	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive either one share of common stock of the Issuer ("Common Stock") or an amount of cash equal to the fair market value of one share of Common Stock. The RSUs will vest in three substantially equal annual installments, beginning on the first anniversary of the date granted.

2. Includes (i) 9,862 RSUs granted on February 28, 2024, (ii) 18,126 RSUs granted on March 4, 2025, and (iii) 21,763 RSUs granted on February 27, 2026.

Remarks:

	/s/ John J. Mitchell, as attorney-in-fact for William Michael Wood	04/27/2026
	** Signature of Reporting Person	Date
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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did ProPetro (PUMP) disclose about William Michael Wood in this Form 3?

ProPetro disclosed that executive William Michael Wood holds restricted stock units tied to 49,751 shares of common stock. These RSUs are part of his equity-based compensation and reflect his initial reported holdings as senior vice president of operations.

How many ProPetro (PUMP) RSUs does William Michael Wood hold and how are they structured?

William Michael Wood holds RSUs linked to 49,751 shares of ProPetro common stock. The awards are split into three grants made in 2024, 2025, and 2026, all held directly and designed as multi-year, service-based compensation.

When do William Michael Wood’s ProPetro (PUMP) RSUs vest?

His ProPetro RSUs vest in three substantially equal annual installments. Vesting begins on the first anniversary of each grant date, creating a three-year vesting schedule that aligns continued service with the realization of stock or cash value.

What grants make up the 49,751 ProPetro (PUMP) RSUs held by William Michael Wood?

The 49,751 RSUs include 9,862 units granted on February 28, 2024, 18,126 units granted on March 4, 2025, and 21,763 units granted on February 27, 2026. Together, these grants form his reported equity award position.

Do ProPetro (PUMP) RSUs give William Michael Wood shares or cash at vesting?

Each RSU gives him a contingent right to receive either one share of ProPetro common stock or cash equal to the fair market value of one share. The award terms allow settlement in stock or cash at vesting.

Is William Michael Wood’s ProPetro (PUMP) RSU position a buy or sell transaction?

The Form 3 reflects his existing holdings of RSUs rather than a new market purchase or sale. It reports a position of 49,751 underlying shares through restricted stock units as part of his equity compensation.