C. Andrew Smith compensation by year
Patterson-UTI Energy Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $450,000 | $450,000 | $450,000 | $450,000 | $450,000 | $680,000 | $680,000 |
| Bonus | $200,000 | $0 | $0 | $0 | $0 | $360,000 | $0 |
| Stock awards | $1,946,742 | $399,656 | $2,044,810 | $2,718,489 | $2,076,670 | $2,225,112 | $2,099,943 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $563,100 | $281,250 | $703,125 | $984,375 | $603,058 | $798,000 | $1,042,290 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $11,200 | $11,400 | $11,600 | $12,200 | $13,200 | $13,800 | $17,500 |
| Total | $3,171,042 | $1,142,306 | $3,209,535 | $4,165,064 | $3,142,928 | $4,076,912 | $3,839,733 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Patterson-UTI Energy, Inc. DEF 14A filed April 13, 2026, accession 0000889900-26-000020, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 169,467 | $1,399,797 | — |
| RSU | 124,550 | $1,028,783 | — |
| RSU | 30,733 | $253,855 | — |
| RSU | 20,867 | $172,361 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Patterson-UTI Energy, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Patterson-UTI Energy discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control and involuntary termination | $3,687,861 | $4,162,303 | $48,536 | $8,883,075 |
Per the Potential Payments Upon Termination or Change in Control table in Patterson-UTI Energy, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Patterson-UTI Energy’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| William Hendricks | President & Chief Executive Officer | $12,077,321 |
| James Holcomb | Executive Vice President & Chief Operating Officer | $4,369,825 |
| C. Andrew Smith · this page | Executive Vice President & Chief Financial Officer | $3,839,733 |
| Seth Wexler | Executive Vice President, General Counsel & Secretary | $3,372,495 |
| Kenneth Berns | Executive Vice President & Chief Commercial Officer | $3,161,688 |
The full Patterson-UTI Energy compensation record
free company briefThis page is one person within Patterson-UTI Energy's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Patterson-UTI Energy's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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