Trade Summary

4 days ago, Drummond Robert Wayne Jr, serving as Dir at Patterson Uti Energy Inc (PTEN), sold 384,174 shares at $12.04 per share, for a total transaction value of $4,624,225.00. Following this transaction, Drummond Robert Wayne Jr now holds 1,128,773 shares of PTEN.

This sale represents a 25.00% 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 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.