Crowley Kyle Bradford has filed a Form 3 with the Securities and Exchange Commission (SEC), reporting his ownership status as a director at ProPetro Holding Corp. This filing is significant as it reflects ongoing compliance with SEC regulations regarding ownership disclosures.
ProPetro Holding Corp. is a company involved in the oil and gas field services sector, specifically categorized under the SIC code 1389. The filing was submitted on October 19, 2026, and it details Bradford's status as a director of the company.
According to the filing, the report indicates that as of October 16, 2026, Crowley Kyle Bradford has ownership in ProPetro Holding Corp. The document states, "no securities owned" at the time of the filing, which is typical for initial disclosures. The filing also includes a power of attorney, allowing designated individuals to act on Bradford's behalf regarding future filings.
This filing may affect various stakeholders, including investors, regulatory bodies, and other directors within ProPetro Holding Corp. Transparency in ownership changes is crucial for maintaining investor trust and ensuring compliance with federal regulations.
The filing does not specify what happens next, leaving the future actions of Crowley Kyle Bradford and ProPetro Holding Corp. open-ended.
Details of Ownership and Power of Attorney
In the Form 3 filing, Crowley Kyle Bradford is identified as a director of ProPetro Holding Corp., which is incorporated in Texas and has a fiscal year ending on December 31. The filing indicates that the reporting owner has not yet acquired any securities, which is a common occurrence for new directors as they may not have had time to establish their holdings.
The filing also includes a Power of Attorney, which grants authority to several individuals, including Samuel D. Sledge and John J. Mitchell, to act on Bradford's behalf for future SEC filings. This provision is crucial as it ensures that filings are managed efficiently, especially for compliance with Section 16(a) of the Securities Exchange Act of 1934.
"The undersigned hereby constitutes and appoints...with full power of substitution, as the undersigned’s true and lawful attorney-in-fact to...execute for and on behalf of the undersigned any Form 3, Form 4 and Form 5..."
This Power of Attorney remains effective until the undersigned is no longer required to file the specified forms, unless revoked earlier. The document emphasizes the responsibilities and liabilities associated with the disclosures, highlighting the importance of accurate and timely reporting in maintaining regulatory compliance.
While the filing provides essential information regarding ownership and compliance, it does not detail any future plans or intentions of Crowley Kyle Bradford regarding his role or potential investments in ProPetro Holding Corp.