Trade Summary

5 days ago, Hendricks William Andrew JR, serving as President & CEO at PATTERSON UTI ENERGY INC (PTEN), sold 200,000 shares at $11.64 per share, for a total transaction value of $2,328,000.00. Following this transaction, Hendricks William Andrew JR now holds 2,542,474 shares of PTEN.

This sale represents a 7.29% 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, June 5, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, June 9, 2026 at 4:17 PM ET, 4 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.