Kenneth N. Berns, Executive Vice President at PATTERSON UTI ENERGY INC (PTEN), sold 249,000 shares at $16.95 ($4.1M) on 2022-05-03, disclosed to the SEC on 2022-05-04.
Open-market sale of $4.1M PTEN by Executive Vice President. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $16.10 | 150,000 | $2.4M | 59.1% |
| 2 | $16.43 | 12,000 | $197K | 4.8% |
| 3 | $16.89 | 12,000 | $203K | 5.0% |
| 4 | $16.95 | 75,000 | $1.3M | 31.1% |
| Total | $16.41 avg | 249,000 | $4.1M | 100% |
| Filing → |
| PTEN | SELL | 2014-06-12 | $2.9M | — | Filing → |
| PTEN | SELL | 2008-05-08 | $4.4M | — | Filing → |