Last updated: 13 May 2024 at 4:12pm EST

Kenneth Berns Net Worth




The estimated Net Worth of Kenneth N Berns is at least 26.9 百万$ 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.

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.





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 SiegelRobert 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?

Patterson-UTI Energy Inc logo

Complete history of Mr. Berns stock trades at Patterson-UTI Inc

日付
#
会社
インサイダー
取引
取引
株式 1株当たりの株価 合計金額 その後の株式数 ソース
25 May 2022 Kenneth N Berns
副社長
販売 162,000 18.36$ 2,974,320$
25 May 2022
34,000
2 May 2022 Kenneth N Berns
副社長
販売 249,000 16.41$ 4,086,090$
2 May 2022
46,000
22 Apr 2022 Kenneth N Berns
副社長
オプション行使 160,000 16.20$ 2,592,000$
22 Apr 2022
1,111,979
21 Mar 2022 Kenneth N Berns
副社長
販売 190,000 15.30$ 2,907,000$
21 Mar 2022
70,000
26 Apr 2019 Kenneth N Berns
副社長
オプション行使 175,000 13.17$ 2,304,750$
26 Apr 2019
882,271
10 Jun 2014 Kenneth N Berns
副社長
販売 85,000 33.62$ 2,857,700$
10 Jun 2014
267,241
25 Apr 2014 Kenneth N Berns
副社長
オプション行使 60,000 19.14$ 1,148,400$
25 Apr 2014
401,283
29 Mar 2013 Kenneth N Berns
副社長
オプション行使 190,000 16.22$ 3,081,800$
29 Mar 2013
365,100
6 May 2008 Kenneth N Berns
副社長
販売 143,600 30.73$ 4,412,828$
6 May 2008
128,500
1 Aug 2005 Kenneth N Berns
副社長
オプション行使 269,500 12.71$ 3,425,345$
1 Aug 2005
144,500
8 Mar 2005 Kenneth N Berns
副社長
オプション行使 123,300 11.00$ 1,356,300$
8 Mar 2005
114,600
28 Feb 2005 Kenneth N Berns
副社長
オプション行使 23,600 7.93$ 187,148$
28 Feb 2005
46,600
19 Nov 2004 Kenneth N Berns
副社長
販売 178,200 19.58$ 3,489,156$
19 Nov 2004
45,000
1 Nov 2004 Kenneth N Berns
副社長
オプション行使 21,800 2.45$ 53,410$
1 Nov 2004
71,300
9 Feb 2004 Kenneth N Berns
副社長
販売 70,000 35.32$ 2,472,400$
9 Feb 2004
20,000


Patterson-UTI Inc executives and stock owners

Patterson-UTI Inc executives and other stock owners filed with the SEC include: