ProPetro (PUMP) director Mark Berg receives 9,101 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BERG MARK STEPHEN reported acquisition or exercise transactions in this Form 4 filing.
ProPetro Holding Corp. director Mark Stephen Berg received a grant of 9,101 Restricted Stock Units. Each RSU represents a right to receive either one share of common stock or cash equal to the share’s fair market value. The RSUs will vest in full on the earlier of the day immediately preceding ProPetro’s 2027 annual stockholders’ meeting or May 20, 2027, and Berg’s direct derivative holdings after this grant total 9,101 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BERG MARK STEPHEN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,101 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,101 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 9,101 units
Exercise price: $0.00 per unit
Underlying common stock: 9,101 shares
+2 more
5 metrics
RSUs granted
9,101 units
Restricted Stock Units awarded to director on May 20, 2026
Exercise price
$0.00 per unit
Grant/award acquisition of RSUs
Underlying common stock
9,101 shares
Each RSU linked to one share of common stock
Post‑transaction RSU holdings
9,101 units
Total derivative holdings following the grant
Latest vesting date
May 20, 2027
RSUs vest on earlier of pre‑2027 meeting or this date
Key Terms
Restricted Stock Units, contingent right, fair market value, vest in full, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive either one share"
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
"represents a contingent right to receive either one share of the Issuer's common stock"
fair market value financial
"or an amount of cash equal to the fair market value of one share of Common Stock"
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.
vest in full financial
"The RSUs will vest in full upon the earlier to occur of"
annual meeting of stockholders financial
"the day immediately preceding the Issuer's annual meeting of stockholders in 2027"