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SEC EDGARSEP 31 min read$PTEN

Wexler Seth David sold $1.5M of PTEN

Wexler Seth David (EVP, General Counsel&Secretary) sold 120,000 shares of PATTERSON UTI ENERGY INC (PTEN) at $12.75 ($1.53M total) on 2026-09-01.

Original reporting
SEC EDGAR · Wexler Seth David
Published Sep 3, 2026, 4:00 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 4, 2026, 7:12 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$PTEN
Neutral
high confidence
Mentioned
$PTEN
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PTENNeutralLow
01

Why it matters

The transaction is a routine insider sale with limited market impact.

02

Market read

Minor insider sale; unlikely to move the stock significantly.

03

What to watch

Potential upcoming corporate actions or legal matters not disclosed.

Relevance 6/10Novelty 4/10Timing: filed today

Background

SEC Form 4 filing discloses insider transactions for public companies.

Company-level read

Ticker impact

$PTENNeutralHigh confidence
Context

EVP and General Counsel Seth David Wexler sold 120,000 shares for $1.53M, reducing his stake to 404,582 shares.

Expected impact

Minimal short-term price effect; likely no significant move.

Evidence & confidence

Sale size is modest relative to market cap and insider is not a major shareholder.

Market effects

Sector

None; the sale does not affect the energy sector.

Regional

None; limited to US-listed stock.

Global

None

Counterpoint

What could challenge this read

If the insider had insider knowledge, the sale could hint at upcoming negative news.

Key entities

  • Company
    Patterson UTI Energy Inc

    US-listed energy company (NASDAQ: PTEN).

  • Individual
    Seth David Wexler

    Executive Vice President, General Counsel & Secretary.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

PTEN insider trading history →

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