James C. Webster - Jan 2, 2024 Form 4 Insider Report for DRIL-QUIP INC (DRQ)

Signature
/s/ James C. Webster
Stock symbol
DRQ
Transactions as of
Jan 2, 2024
Transactions value $
-$92,560
Form type
4
Date filed
1/3/2024, 03:47 PM
Previous filing
Oct 30, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRQ Common Stock Sale -$92.6K -4K -5.65% $23.14 66.7K Jan 2, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales pursuant to a Rule 10b5-1 plan adopted on August 25, 2023.