Insider sale details
Domino Michael Wayne Jr., president of the DTR division at Drilling Tools International Corp (NASDAQ: DTI), sold 2,083 shares of the company's common stock on April 15, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The shares changed hands at $2.89 apiece, producing a gross transaction value of $6,019.
Following that disposition, Domino Michael Wayne Jr. directly holds 1,443,750 shares of Drilling Tools International Corp. In addition to those common shares, his reported holdings include 75,829 Restricted Stock Units, 22,859 Restricted Stock Units, 68,577 Performance Stock Units, 300,000 Stock Options (Right to Buy) and 370,264 Stock Options (Right to Buy).
This transaction was completed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
Share price context and valuation signals
At the time the filing was reported, the stock has since traded as high as $3.07. Over the most recent one-week window the share price remains down 13.5%. Over longer intervals, DTI shares have posted gains of 56% over the past year and 44% over the past six months. InvestingPro data cited in the filing rates the stock as undervalued relative to its Fair Value.
Quarterly performance and operational notes
Drilling Tools International released fourth-quarter 2025 results showing consolidated revenues of $38.5 million, with performance attributed to its tool rental and product sales divisions. Management noted the company preserved market share and operational efficiency through targeted strategic initiatives and a geographically diversified business footprint.
The company reported these outcomes despite industry headwinds, including a 7% year-over-year decline in global rig counts. The earnings release framed the results as evidence of operational resilience and an ability to sustain revenue streams amid challenging market conditions. While the company's premarket share movement is not discussed in the SEC filing, the financial outcomes were described as reflecting constructive investor sentiment.
Reporting limitations
The filing and the earnings information provide a snapshot of a single insider sale and recent quarterly results. The reporting indicates the insider sale occurred under a pre-established trading plan and does not, by itself, convey intent beyond the terms of that plan.