The estimated Net Worth of Kenneth N Berns is at least $26.9 Million dollars as of 25 May 2022. Mr. Berns owns over 162,000 units of Patterson-UTI Inc stock worth over $266,220 and over the last 21 years he sold PTEN stock worth over $23,199,494. In addition, he makes $3,476,250 as Executive Vice President and Chief Commercial Officer at Patterson-UTI Inc.
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Mr. Berns PTEN stock SEC Form 4 insiders trading
Kenneth has made over 15 trades of the Patterson-UTI Inc stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 162,000 units of PTEN stock worth $2,974,320 on 25 May 2022.
The largest trade he's ever made was exercising 269,500 units of Patterson-UTI Inc stock on 1 August 2005 worth over $3,425,345. On average, Kenneth trades about 45,674 units every 145 days since 2004. As of 25 May 2022 he still owns at least 34,000 units of Patterson-UTI Inc stock.
You can see the complete history of Mr. Berns stock trades at the bottom of the page.
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Kenneth Berns biography
Kenneth N. Berns serves as Executive Vice President and Chief Commercial Officer of the Company. Mr. Berns has served as Executive Vice President and Chief Commercial Officer of Patterson-UTI since May 2017. Mr. Berns served as a director of Patterson-UTI from May 2001 to June 2017 and as Senior Vice President of Patterson-UTI from April 2003 to May 2017. Mr. Berns served as a director of UTI from 1995 to May 2001. Mr. Berns has been an executive with REMY Investors since 1994. Mr. Berns holds a Bachelor’s Degree in Business Administration from San Diego State University and a Master’s Degree in Taxation from Golden Gate University.
What is the salary of Kenneth Berns?
As the Executive Vice President and Chief Commercial Officer of Patterson-UTI Inc, the total compensation of Kenneth Berns at Patterson-UTI Inc is $3,476,250. There are 1 executives at Patterson-UTI Inc getting paid more, with William Hendricks having the highest compensation of $8,845,360.
How old is Kenneth Berns?
Kenneth Berns is 60, he's been the Executive Vice President and Chief Commercial Officer of Patterson-UTI Inc since 2017. There are 4 older and 9 younger executives at Patterson-UTI Inc. The oldest executive at Patterson-UTI Energy Inc is Michael Conlon, 73, who is the Independent Director.
What's Kenneth Berns's mailing address?
Kenneth's mailing address filed with the SEC is 1801 CENTURY PARK EAST, SUITE 1111, LOS ANGELES, CA, 90067.
Insiders trading at Patterson-UTI Inc
Over the last 21 years, insiders at Patterson-UTI Inc have traded over $301,387,062 worth of Patterson-UTI Inc stock and bought 291,000 units worth $1,121,670 . The most active insiders traders include Holdings Iii L.P.Blackstone..., Mark S Siegel, and Robert Wayne Jr Drummond. On average, Patterson-UTI Inc executives and independent directors trade stock every 56 days with the average trade being worth of $1,363,845. The most recent stock trade was executed by Matthew Gillard on 16 August 2024, trading 24,816 units of PTEN stock currently worth $194,309.
What does Patterson-UTI Inc do?
patterson-uti drilling company llc operates one of the largest and most technologically advanced fleets of land based drilling rigs in north america. operations are primarily in oil and natural gas producing regions of the continental united states, alaska, and western and northern canada. with a $1.8b revenue in 2014, we serve major and independent oil and gas companies to provide a comprehensive drilling solution. this includes apex® drilling rigs and people who are committed to working safely, efficiently and in an environmentally responsible way, all of which makes patterson-uti drilling the perfect choice for your drilling needs. if you are interested in opportunities to join our company, please create your candidate profile at http://www.patenergy.com/drilling/careers/. our careers site provides instructions on how to create your candidate profile and apply to open vacancies and, answers to frequently asked questions and technical support. for candidates without internet acce
What does Patterson-UTI Inc's logo look like?
Complete history of Mr. Berns stock trades at Patterson-UTI Inc
Patterson-UTI Inc executives and stock owners
Patterson-UTI Inc executives and other stock owners filed with the SEC include:
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William Hendricks,
President, Chief Executive Officer, Director -
Kenneth Berns,
Executive Vice President and Chief Commercial Officer -
C. Andrew Smith,
Chief Financial Officer, Executive Vice President -
James Holcomb,
President of Patterson-UTI Drilling Company LLC -
Seth Wexler,
Senior Vice President, General Counsel, Secretary -
William Andrew Hendricks Jr.,
Pres, CEO & Director -
C. Andrew Smith,
Exec. VP & CFO -
Kenneth N. Berns,
Exec. VP & Chief Commercial Officer -
Seth D. Wexler,
Sr. VP, Gen. Counsel & Sec. -
James Michael Holcomb,
Pres of UTI Drilling Company LLC -
Curtis Huff,
Non-Executive Chairman of the Board -
Terry Hunt,
Independent Director -
Tiffany Cepak,
Independent Director -
Michael Conlon,
Independent Director -
Janeen Judah,
Independent Director -
James Michael Drickamer,
VP of Investor Relations -
John E Iii Vollmer,
Chief Financial Officer -
Mark S Siegel,
Chairman of the Board -
Charles Oliver Buckner,
Director -
Cesar Jaime,
Director -
Julie J Robertson,
Director -
Kenneth R Peak,
Director -
Gregory W Pipkin,
Chief Accounting Officer -
William Leo Jr Moll,
GENERAL COUNSEL AND SECRETARY -
Cloyce A Talbott,
Chief Executive Officer -
Douglas James Wall,
Chief Operating Officer -
Robert C Gist,
Director -
Nadine C Smith,
Director -
Jonathan D Nelson,
Chief Financial Officer -
A Glenn Patterson,
President and COO -
Amy H Nelson,
Director -
Gary M. Halverson,
Director -
Leslie Ann Beyer,
Director -
Robert Wayne Jr Drummond,
Director -
James Carl Stewart,
Director -
Diamond Topco L.P.Bep Diamo...,
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Holdings Iii L.P.Blackstone...,
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Matthew Gillard,
President-Completions