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Patterson-UTI Energy(PTEN.US) Director Sells US$1.73 Million in Common Stock

moomoo News ·  May 21 21:48

$Patterson-UTI Energy (PTEN.US)$ Director Drummond Robert Wayne Jr sold 150K shares of common stock on May 20, 2024 at an average price of $11.55 for a total value of $1.73 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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