William Andrew Hendricks Jr., President & CEO at PATTERSON UTI ENERGY INC (PTEN), sold 303,989 shares at $11.85 ($3.6M) on 2026-05-01, disclosed to the SEC on 2026-05-04.
Seasonal sale ($3.6M) by President & CEO — this insider has traded PTEN in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.85 | 250,000 | $3.0M | 81.8% |
| 2 | $12.22 | 53,989 | $660K | 18.2% |
| Total | $11.92 avg | 303,989 | $3.6M | 100% |
| Filing → |
| PTEN | SELL | 2026-06-09 | $2.3M | — | Filing → |
| PTEN | BUY | 2025-03-13 | $197K | — | Filing → |
| PTEN | SELL | 2023-07-19 | $3.0M | — | Filing → |