Insider Trading February 17, 2026

Drilling Tools International Insider Sells Small Stake as Board Changes Unfold

President of DTR Division disposes of 6,249 shares under a Rule 10b5-1 plan; company posts strong recent share gains and announces board appointment and chairman's passing

By Leila Farooq DTI
Drilling Tools International Insider Sells Small Stake as Board Changes Unfold
DTI

Michael Wayne Domino Jr., President of the DTR Division at Drilling Tools International Corp (DTI), sold 6,249 shares on February 17, 2026 under a prearranged Rule 10b5-1 plan. The transactions, executed in two tranches at prices between $3.88 and $4.00, totaled $24,746. Following the sales Domino still holds 1,426,805 shares. The company has seen substantial share-price appreciation recently and reported solid short-term liquidity, while remaining unprofitable but expected by analysts to reach profitability this year. Separately, DTI added energy markets veteran Ira H. Green, Jr. to its board and announced the death of Chairman Thomas O. Hicks, age 79.

Key Points

  • Michael Wayne Domino Jr. sold 6,249 DTI shares on Feb. 17, 2026 in two transactions at $3.88 - $4.00, totaling $24,746.
  • After the sale, Domino directly holds 1,426,805 shares; DTI trades at $4.05 with a $140.44 million market cap and is viewed as slightly undervalued by InvestingPro's Fair Value metric.
  • Corporate leadership changes include the appointment of Ira H. Green, Jr. to the board and the death of Chairman Thomas O. Hicks, age 79; these developments affect governance in the energy/drilling tools sector.

Michael Wayne Domino Jr., who serves as President of the DTR Division at Drilling Tools International Corp (NYSE: DTI), sold a total of 6,249 shares of the company’s common stock on February 17, 2026. The disposition was completed in two separate transactions executed at prices ranging from $3.88 to $4.00 per share, producing aggregate proceeds of $24,746.

The sales were carried out under a Rule 10b5-1 trading arrangement that Domino adopted on November 17, 2025. After these transactions, Domino’s direct ownership in Drilling Tools International stands at 1,426,805 shares.

DTI’s market capitalization is reported at $140.44 million and the stock was trading at $4.05 at the time of the latest reporting. Market-data from InvestingPro shows the shares have rallied 16% over the past week and have climbed 102.5% over the preceding six months. InvestingPro’s Fair Value framework identifies the stock as slightly undervalued relative to its current trading level.

On the company’s financial profile, DTI is not yet profitable. Analysts, however, expect the firm to reach profitability this year. The company’s current ratio is 2.04, a metric cited as an indicator of solid short-term financial stability.

In governance and leadership developments, Drilling Tools International has named Ira H. Green, Jr. to its Board of Directors. Green brings more than 30 years of experience in energy capital markets and most recently held the role of Managing Director and Head of Energy, Power & Infrastructure Capital Markets at Piper Sandler Co. The company highlighted his expertise in both equity and debt capital markets as an addition to its strategic capabilities.

DTI also announced the death of its Chairman of the Board, Thomas O. Hicks, who died at age 79. Hicks was described by the company as a Texas businessman and private equity investor; a company statement emphasized his leadership and contributions following his passing. These board-level changes represent notable shifts in the company’s leadership team.

Drilling Tools International is among more than 1,400 U.S. equities covered by comprehensive Pro Research Reports, which are intended to translate detailed market data into actionable research.


Context for investors: The insider sale was executed via a prearranged trading plan and constituted a small fraction of Domino’s total holdings. The company’s shares have posted significant recent gains, while key fundamentals show a strong current ratio but an absence of current profitability, with expectations among analysts that profit will be achieved this year.

Risks

  • DTI is not currently profitable; while analysts expect profitability this year, the company’s lack of current profits represents a near-term operational risk to investors and stakeholders in the energy equipment sector.
  • Leadership turnover - including the passing of the chairman and a new board appointment - introduces governance and strategic uncertainty for the company and could affect investor perceptions in capital markets.
  • Insider sales, even when executed under a Rule 10b5-1 plan, can create short-term investor scrutiny of insider intent and liquidity needs, which may influence trading dynamics in the stock.

More from Insider Trading

Clean Harbors Director Executes $204,802 Sale as Company Reports Strong Q4 and Pushes M&A Agenda Feb 21, 2026 Clean Harbors Executive Disposes Nearly $1.0M in Stock as Company Posts Strong Q4 Feb 21, 2026 Clean Harbors CFO Disposes $784K in Shares as Company Reports Strong Quarter and Pursues Acquisition Feb 21, 2026 Travelers Executive Vice President Records $1.74 Million Share Sale as Company Posts Strong Quarter Feb 21, 2026 Genasys Director Buys $50,404 of Stock; Company Reports Mixed Q1 Results Feb 21, 2026