![]() Since joining the Company in March 2017 as Vice President and Chief Financial Officer, Mr. He also serves as Chief Executive Officer of the Company. Bird was appointed as a director in January 2022. Lovoi was selected to serve as a director due to his financial expertise and energy industry insight, as well as his experience as a director of other public companies. Lovoi holds a Bachelor of Science degree in chemical engineering from Texas A&M University and an MBA degree from the University of Texas. Lovoi also serves as a director of Helix Energy Solutions Group, an energy services company, and as chairman of the board of directors of Epsilon Energy LTD. Prior to joining Morgan Stanley, he spent two years as a senior financial executive at Baker Hughes and four years as an energy investment banker with Credit Suisse First Boston. From 1995 to 2000, he was a leading oilfield services and equipment research analyst for Morgan Stanley. Lovoi was a Managing Director at Morgan Stanley Incorporated, and during this period served as head of the firm’s Global Oil and Gas Research practice and then as head of the firm’s Global Oil and Gas Investment Banking practice. He is the Managing Partner of JVL Advisors LLC, a private energy investment company established in 2002. He is also chairman of the Nominating and Governance Committee and a member of the Audit Committee and the Compensation Committee of the Board of Directors. Lovoi was appointed Chairman of the Board in October 2011 and has served as a member of the Board of Directors since May 2005. OPT ZF-2005™ Production Riser Connector. ![]() OPT NF-2000™ Production Riser Connector. ![]() FlowBoss™ Cementer Top Down Squeeze Tool.Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.Ĭheck Out The Full List Of Dril-Quip's Insider Trades. A P in Box 3 indicates a purchase, while S indicates a sale. Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. When a company insider makes a new purchase, that is an indication that they expect the stock to rise. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction. This can include executives in the c-suite and large hedge funds. In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. ![]() Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. They sold at prices ranging from $22.82 to $23.42 to raise a total of $657,451 from the stock sale.įollowing the transaction, Deberry still owns 242,246 shares of Dril-Quip worth $5,954,406.ĭril-Quip shares are trading up 4.33% at $24.58 at the time of this writing on Monday morning. They then sold their shares on the same day in the open market. Securities and Exchange Commission states that Blake Deberry purchased 30,169 Dril-Quip shares for $0 on October 29. What Happened: A Form 4 filing from the U.S. Blake Deberry, CEO at Dril-Quip (NYSE: DRQ), made a large buy and sell of company shares on October 29, according to a new SEC filing. ![]()
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