CompBrief BY VELARION

Companies ProPetro Holding

ProPetro (PUMP): executive pay, fiscal 2025

Free brief. Every figure links to the company’s own filing.

Velarion Intel: free for 3 days, no card →

Email me ProPetro Holding’s executive pay brief as a PDF

You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.

After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.

Also free: The Pay Desk, the weekly executive pay briefing.
CEO total pay$6,539,712CEO Samuel Sledge · source
Say-on-pay support98.13%Latest vote · source
CEO vs. named peers40th pct.Of 13 peer CEOs
CEO pay ratio48:1To the median employee · source

CEO pay, last three years

  • $5,787,960FY2023
  • $5,987,447FY2024
  • $6,539,712FY2025

CEO total pay was $6,539,712 in fiscal 2025, up from $5,987,447 in fiscal 2024.

FY2025: salary $975,000 · bonus $0 · stock awards $4,391,410 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at ProPetro Holding in fiscal 2025?
As disclosed, Samuel Sledge (Chief Executive Officer) was the highest-paid executive at ProPetro Holding in fiscal 2025, with total compensation of $6,539,712.
How does ProPetro Holding's chief executive pay compare to its disclosed peer group?
As disclosed, Samuel Sledge's total compensation ranked at the 40th percentile of ProPetro Holding's disclosed peer group.
What is ProPetro Holding's CEO-to-median employee pay ratio?
As disclosed, ProPetro Holding's CEO-to-median employee pay ratio was 48:1.
How did shareholders vote on ProPetro Holding's executive compensation?
As disclosed, 98.13% of shareholders supported ProPetro Holding's executive compensation in the latest say-on-pay vote.
How much does ProPetro Holding spend in total on board compensation for fiscal 2025?
As disclosed, ProPetro Holding reported total board compensation of $1,912,281 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Samuel Sledge$975,000$0$4,391,410$0$1,137,500$0$35,802$6,539,712
Chief Executive Officer
Adam Muñoz612,00001,951,7320613,200067,6223,244,554
President and Chief Operating Officer
Shelby Fietz505,0000975,8750478,150062,3112,021,336
Chief Commercial Officer
John Mitchell500,0000975,8750473,400053,5392,002,814
General Counsel
David Schorlemer91,726000001,607,4791,699,205
Former Chief Financial Officer
Caleb Weatherl245,95901,013,8640229,000057,9911,546,814
Chief Financial Officer
Celina Davila320,0000179,3430301,800052,132853,275
Former Interim Principal Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Samuel Sledge$6,539,712$5,987,447$5,787,960↑ +552,265
Adam Muñoz3,244,5543,325,0663,230,832↓ −80,512
Shelby Fietz2,021,3361,954,6524,286,296↑ +66,684
John Mitchell2,002,8141,846,8181,543,135↑ +155,996
David Schorlemer1,699,2052,670,1512,479,852↓ −970,946
Caleb Weatherl1,546,814———
Celina Davila853,275———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company emphasizes performance-based, 'at risk' pay to align executives' interests with those of stockholders, rewarding exceptional performance and holding executives accountable for underperformance. The program is designed to be competitive in the industry, internally consistent, and flexible enough to respond to the cyclical and volatile nature of the business.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Celina DavilaPSU2025-03-041,7964,489—8,978$44,306
Adam MuñozRSU2025-03-04——112,233—843,992
Adam MuñozPSU2025-03-0444,893112,233—224,4661,107,740
Samuel SledgeRSU2025-03-04——252,525—1,898,988
Caleb WeatherlRSU2025-08-01——100,482—509,444
Shelby FietzPSU2025-03-0422,44756,117—112,234553,875
Celina DavilaRSU2025-03-04——17,957—135,037
Samuel SledgePSU2025-03-04101,010252,525—505,0502,492,422
Caleb WeatherlPSU2025-08-0140,193100,482—200,964504,420
Shelby FietzRSU2025-03-04——56,117—422,000
John MitchellRSU2025-03-04——56,117—422,000
John MitchellPSU2025-03-0422,44756,117—112,234553,875

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Celina Davila$135,037$44,306$024.7%
Adam Muñoz843,9921,107,740056.8%
Samuel Sledge1,898,9882,492,422056.8%
Caleb Weatherl509,444504,420049.8%
Shelby Fietz422,000553,875056.8%
John Mitchell422,000553,875056.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Celina DavilaPSU16,524—$157,143
Celina DavilaRSU33,354—317,197
Caleb WeatherlRSU100,482—955,584
John MitchellRSU108,310—1,030,028
Caleb WeatherlPSU200,964—1,911,168
Shelby FietzRSU201,776—1,918,890
Adam MuñozRSU225,152—2,141,196
Shelby FietzPSU225,440—2,143,934
John MitchellPSU234,246—2,227,679
Samuel SledgeRSU472,533—4,493,789
Adam MuñozPSU476,038—4,527,121
Samuel SledgePSU990,710—9,421,652
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Phillip A. GobeIndependent · Board Chair · Audit$157,500$154,996$0—$0$312,496
Anthony J. BestIndependent · Lead Independent Director · Audit (Chair)129,946154,9960—0284,942
Michele VionIndependent · Compensation (Chair)110,000154,9960—0264,996
Mark S. BergIndependent · Nominating and Corporate Governance (Chair)104,190154,9960—0259,186
Spencer D. Armour IIIIndependent · Nominating & Corporate Governance · Not standing for re-election95,000154,9960—0249,996
Mary P. RicciardelloIndependent · Audit · Compensation · Nominating & Corporate Governance95,000154,9960—0249,996
G. Larry LawrenceIndependent · Audit · Nominating & Corporate Governance95,000154,9960—0249,996
Jack B. MooreIndependent · Departed during FY40,67300—040,673
Samuel D. SledgeEmployee director—————0
Alex V. VolkovIndependent · Nominating & Corporate Governance · Audit000—00

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$154,996
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000
Stock ownership guideline$300,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$827,309
Equity awards (grant-date value)$1,084,972
All other compensation$0
Total cost of the board$1,912,281

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names ProPetro as a peer

Companies that benchmark against PUMP

18 companies name PUMP as a compensation peer

Each company listed discloses PUMP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PUMP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies ProPetro Holding names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Nabors Industries Ltd.2025Anthony Petrello$1,750,000$5,352,354$0$2,049,275$29,636,103
2Patterson-UTI Energy, Inc.2025William Hendricks1,300,0008,497,99102,264,33012,077,321
3Archrock, Inc.2025D. Bradley Childers944,2316,037,304—1,985,3639,037,610
4Helmerich & Payne, Inc.2025John Lindsay1,179,9095,749,95701,559,0169,010,799
5ChampionX Corporation2024Sivasankaran Somasundaram954,2315,486,640—1,365,7457,830,131
6Liberty Energy, Inc.2025Seth Grae596,1476,356,2420400,8967,563,139
7ProPetro Holding2025Samuel Sledge975,0004,391,41001,137,5006,539,712
8U.S. Silica Holdings, Inc.2024Michael Seton825,0002,275,00001,949,0635,510,455
9Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
10RPC, Inc.2025Ben Palmer618,0001,388,26501,155,6603,192,075
11Nine Energy Services Inc.2024Ann Fox726,923612,8600577,1602,022,618
—Select Energy Services, Inc.——————not in coverage universe
—ProFrac Holding Corp.——————not in coverage universe
—Precision Drilling Corporation——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
ProPetro Holdingnot disclosedRSU 50 · PSU 50not disclosedPearl Meyer
Archrock, Inc.not disclosedRSU 50 · PRSU 50not disclosedPearl Meyer
ChampionX Corporationnot disclosedRSU 50 · PSU 50not disclosedFrederick W. Cook & Co., Inc.
Helmerich & Payne, Inc.109.09%PSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Willis Towers Watson
Liberty Energy, Inc.not disclosedPSA 63 · RSA 37not disclosedBerkeley Research Group, LLC
Nabors Industries Ltd.not disclosednot disclosedYes — Relative Total Shareholder Return (TSR)Pay Governance
Nine Energy Services Inc.not disclosednot disclosedNoCompensation Advisory Partners
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Patterson-UTI Energy, Inc.not disclosedPSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Pay Governance LLC
Precision Drilling Corporationnot disclosednot disclosednot disclosednot disclosed
ProFrac Holding Corp.not disclosednot disclosednot disclosednot disclosed
RPC, Inc.187%RSU 75 · PSU 25NoMercer, LLC
Select Energy Services, Inc.not disclosednot disclosednot disclosednot disclosed
U.S. Silica Holdings, Inc.175%PRSU 50 · RSU 50NoFPC

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-19101,804,0921,425,578514,09698.13%Passed
20252025-05-2087,939,2884,817,021215,48794.59%Passed
20242024-04-2393,615,5691,776,58678,34298.06%Passed
20232023-05-1180,131,27825,180,65733,43876.09%Passed
20222022-04-1994,506,4371,328,32136,35698.58%Passed
20212021-05-1788,973,2064,027,22922,17395.65%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-05-1998.13%a
20252025-05-2094.59%b
20242024-04-2398.06%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" Proposal No.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" Proposal No.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" Proposal No.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)48 : 1
CEO total compensation$5,987,447
Median employee compensation$123,943
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (52 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Samuel Sledge. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 6,539,712. View filing ↗
  • Section 01, Adam Muñoz. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 3,244,554. View filing ↗
  • Section 01, Shelby Fietz. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 2,021,336. View filing ↗
  • Section 01, John Mitchell. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 2,002,814. View filing ↗
  • Section 01, David Schorlemer. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,699,205. View filing ↗
  • Section 01, Caleb Weatherl. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,546,814. View filing ↗
  • Section 01, Celina Davila. DEF 14A, filed 2026-04-08. Section “SUMMARY COMPENSATION TABLE”. As printed: 853,275. View filing ↗
  • Section 03, Celina Davila PSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Adam Muñoz RSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Adam Muñoz PSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Samuel Sledge RSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Caleb Weatherl RSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Shelby Fietz PSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Celina Davila RSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Samuel Sledge PSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Caleb Weatherl PSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, Shelby Fietz RSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, John Mitchell RSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 03, John Mitchell PSU. DEF 14A, filed 2026-04-08. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-04-08. Section “CEO Pay Ratio”. As printed: 48 : 1. View filing ↗
  • Section 08, Phillip A. Gobe. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 312,496. View filing ↗
  • Section 08, Anthony J. Best. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 284,942. View filing ↗
  • Section 08, Michele Vion. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Mark S. Berg. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 259,186. View filing ↗
  • Section 08, Spencer D. Armour III. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 249,996. View filing ↗
  • Section 08, Mary P. Ricciardello. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 249,996. View filing ↗
  • Section 08, G. Larry Lawrence. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 249,996. View filing ↗
  • Section 08, Jack B. Moore. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 40,673. View filing ↗
  • Section 08, Samuel D. Sledge. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Alex V. Volkov. DEF 14A, filed 2026-04-08. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-22. Item 5.07 · say-on-pay result. As reported: 98.13% (votes for as printed: 101,804,092). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-27. Item 5.07 · say-on-pay result. As reported: 94.59% (votes for as printed: 87,939,288). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-04-26. Item 5.07 · say-on-pay result. As reported: 98.06% (votes for as printed: 93,615,569). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 827,309 + equity 1,084,972 + all other 0 = 1,912,281, summed across the director compensation table rows.
  • Nabors Industries Ltd., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Nabors Industries Ltd.'s own proxy. As printed: 29,636,103. View filing ↗
  • Patterson-UTI Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Patterson-UTI Energy, Inc.'s own proxy. As printed: 12,077,321. View filing ↗
  • Archrock, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Archrock, Inc.'s own proxy. As printed: 9,037,610. View filing ↗
  • Helmerich & Payne, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-22. CEO total compensation as printed in Helmerich & Payne, Inc.'s own proxy. As printed: 9,010,799. View filing ↗
  • ChampionX Corporation, Section 10b CEO total. DEF 14A, filed 2025-04-29. CEO total compensation as printed in ChampionX Corporation's own proxy. As printed: 7,830,131. View filing ↗
  • Liberty Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Liberty Energy, Inc.'s own proxy. As printed: 7,563,139. View filing ↗
  • ProPetro Holding (subject), Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in ProPetro Holding's own proxy. As printed: 6,539,712. View filing ↗
  • U.S. Silica Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-04. CEO total compensation as printed in U.S. Silica Holdings, Inc.'s own proxy. As printed: 5,510,455. View filing ↗
  • Oil States International, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. View filing ↗
  • RPC, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in RPC, Inc.'s own proxy. As printed: 3,192,075. View filing ↗
  • Nine Energy Services Inc., Section 10b CEO total. DEF 14A, filed 2025-03-06. CEO total compensation as printed in Nine Energy Services Inc.'s own proxy. As printed: 2,022,618. View filing ↗
  • Section 10a, Archrock, Inc. reciprocity. DEF 14A. Archrock, Inc. names ProPetro Holding in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Patterson-UTI Energy, Inc. reciprocity. DEF 14A. Patterson-UTI Energy, Inc. names ProPetro Holding in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Oil States International, Inc. reciprocity. DEF 14A. Oil States International, Inc. names ProPetro Holding in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Nine Energy Services Inc. reciprocity. DEF 14A. Nine Energy Services Inc. names ProPetro Holding in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Helmerich & Payne, Inc. reciprocity. DEF 14A. Helmerich & Payne, Inc. names ProPetro Holding in its own disclosed peer group (read from its most recent proxy). View filing ↗
Get the full report — $500