Trade Summary

1 week ago, Drummond Robert Wayne Jr, serving as Dir at Patterson Uti Energy Inc (PTEN), sold 164,775 shares at $10.18 per share, for a total transaction value of $1,677,410.00. Following this transaction, Drummond Robert Wayne Jr now holds 1,512,947 shares of PTEN.

This sale represents a 10.00% decrease in Drummond Robert Wayne Jr's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, March 16, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 18, 2026, 2 days after the trade was made.

Patterson Uti Energy Inc operates in the ENERGY sector, specifically within the OIL & GAS DRILLING industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.