Jeffrey J. Bird - Apr 1, 2024 Form 4 Insider Report for DRIL-QUIP INC (DRQ)

Signature
/s/ James C. Webster
Stock symbol
DRQ
Transactions as of
Apr 1, 2024
Transactions value $
-$173,550
Form type
4
Date filed
4/2/2024, 10:33 AM
Previous filing
Jan 3, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRQ Common Stock Sale -$174K -7.5K -4.61% $23.14 155K Apr 1, 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.