PTEN - Patterson-UTI Energy Director Awarded $2.23M Worth of Stock Options | Benzinga
CARL JAMES STEWART, Director at Patterson-UTI Energy (NASDAQ:PTEN), reported a large acquisition of company stock options on September 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that STEWART, Director at Patterson-UTI Energy, a company in the Energy sector, was just awarded stock options worth 157,774 shares of PTEN. The options give STEWART the right to buy the company's stock at $20.51 per share.
Patterson-UTI Energy shares are trading down 1.01% at $14.16 at the time of this writing on Thursday morning. Since the current price is $14.16, this makes STEWART's 157,774 shares worth ...