Sundar PichaiSundar Pichai earned $164M in 2023

Samuel D. Sledge has been the CEO of ProPetro Holding Corp. since August 31, 2021. He came into this role after serving as the President of the company. Sledge has a practical background, starting with his education featuring a Bachelor...

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Samuel D. Sledge

CEO of ProPetro Holding Corp.

Education

Bachelor of Business Administration and a Masters of Business Administration from Baylor University

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

January 1, 1987 - 38 years ago

CEO of ProPetro Holding Corp. for

3 years 7 months (Aug 2021 - Present)

Previous Experience

Served as President and Chief Strategy and Administrative Officer at ProPetro.

Holdings

See how much did Samuel D. Sledge make over time.

Samuel D. Sledge shows a strong commitment to ProPetro Holding Corp. with significant stock holdings in the company. Notably, he actively participated in transactions during the peak market periods, with monthly insider trades peaking around $4.31M in September 2024. Sledge's...

Mar 18, 2025

Total Stock Sold

$217.73K

PUMP

$217.73K

19,099 PUMP shares

What if they kept their stock?

If Samuel D. Sledge didn't sell their stock, today they would have:
Extra PUMP19,099 shares worth $81.55K.
This is -62.54% and $136.18K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Samuel D. Sledge.

PUMP

35,704 shares

PUMP

Feb 1, 2023

Received

PUMP

5,000 shares

PUMP

Feb 15, 2022

Received

PUMP

$220.78K

PUMP at $11.56/share

Mar 13, 2021

Sale

PUMP

4,913 shares

PUMP

Feb 16, 2021

Received

Compensation History

See how much did Samuel D. Sledge make over time.

Samuel D. Sledge's compensation at ProPetro consists of a base salary, bonuses, and stock-based incentives tied directly to the company’s performance. In 2023, he earned around $5.8 million in total compensation, significantly influenced by an $800,000 salary and a bonus that reflected an impressive 87.6% payout of his target. His equity awards included substantial Restricted Stock Units (RSUs) that will vest based on his continued employment, further linking his earnings to the company's success. Sledge's pay structure reflects a belief in aligning executive rewards with firm performance, emphasizing financial metrics like Adjusted EBITDA and Free Cash Flow. This model encourages sustainability and growth, and rewards his leadership in driving the company's strategic goals forward.

Year

2023

Total Compensation

$1.80M

Salary

$800.00K

Board Justification

The compensation philosophy aligns executive compensation with company performance, peer benchmarking, and retention strategies, ensuring a significant portion is performance-based.

Bonus

$735.80K

Board Justification

The actual payout as a percentage of target bonus was 87.6% based on performance metrics including Adjusted EBITDA and Free Cash Flow.

Other

$41.41K

Board Justification

Other compensation includes vehicle allowance, 401(k) contributions, and club dues.

Restricted Stock

$224.60K(268.13K RSU)

Board Justification

The RSUs vested in 2023 include 73,281 shares from prior grants and 174,358 shares from the 2023 grant, all of which are subject to continued employment.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included Adjusted EBITDA, Free Cash Flow, and safety metrics, with a strong emphasis on achieving financial targets.

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Here are other CEOs of ProPetro Holding Corp.