Trade Summary

4 days ago, Hendricks William Andrew Jr, serving as Pres, CEO at Patterson Uti Energy Inc (PTEN), sold 250,000 shares at $11.85 per share, for a total transaction value of $2,962,500.00. Following this transaction, Hendricks William Andrew Jr now holds 2,823,103 shares of PTEN.

This sale represents a 8.00% decrease in Hendricks William Andrew Jr's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, May 1, 2026 and publicly disclosed via SEC Form 4 filing on Monday, May 4, 2026, 3 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.