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ProFrac (ACDC) CCO reports share disposals tied to vesting awards

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ProFrac Holding Corp.’s Chief Commercial Officer Matthew A. Greenwood reported multiple dispositions of Class A common stock on March 27, 2026. Several tranches were returned to the issuer at $6.63 per share, reflecting partial disposals of vested performance-based and restricted stock awards settled in cash. An additional block of shares was disposed of to cover withholding taxes upon vesting under the 2022 Long Term Incentive Plan. After these transactions, Greenwood directly holds 134,350 shares of ProFrac Class A common stock.

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Insider Greenwood Matthew A
Role Chief Commercial Officer
Type Security Shares Price Value
Disposition Class A common stock, par value $0.01 per share 5,366 $6.63 $36K
Disposition Class A common stock, par value $0.01 per share 11,462 $6.63 $76K
Disposition Class A common stock, par value $0.01 per share 12,429 $6.63 $82K
Disposition Class A common stock, par value $0.01 per share 8,762 $6.63 $58K
Tax Withholding Class A common stock, par value $0.01 per share 12,238 $0.00 --
Holdings After Transaction: Class A common stock, par value $0.01 per share — 179,241 shares (Direct)
Footnotes (1)
  1. Reflects the partial disposal of performance-based shares of Company common stock, granted on March 13, 2025 under the 2024 performance-based award, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 13, 2025 will vest March 26, 2027, subject to the reporting person's continued employment and good standing through the applicable vesting date. Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2024, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 28, 2024 will vest March 26, 2027, subject to the reporting person's continued employment and good standing through the applicable vesting date. Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2025, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 28, 2025 will vest equally on March 26, 2027 and March 28, 2028, subject to the reporting person's continued employment and good standing through the applicable vesting date. Reflects the partial disposal of performance-based shares of Company common stock, granted on March 9, 2026 under the 2025 performance-based award, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 9, 2026 will vest equally on March 26, 2027 and March 28, 2028, subject to the reporting person's continued employment and good standing through the applicable vesting date. Represents aggregate disposed shares, settled in cash, to satisfy withholding taxes applicable upon vesting of the March 28, 2024 and March 28, 2025 grants of restricted stock units, including performance-based restricted stock units, under the 2022 Long Term Incentive Plan. This disposal covers withholding taxes applicable for all shares which vested on March 27, 2026.
Issuer disposition tranche 1 5,366 shares at $6.63 Class A common stock disposed to issuer on March 27, 2026
Issuer disposition tranche 2 11,462 shares at $6.63 Class A common stock disposed to issuer on March 27, 2026
Issuer disposition tranche 3 12,429 shares at $6.63 Class A common stock disposed to issuer on March 27, 2026
Issuer disposition tranche 4 8,762 shares at $6.63 Class A common stock disposed to issuer on March 27, 2026
Tax-withholding disposition 12,238 shares Shares disposed to satisfy withholding taxes on March 27, 2026
Post-transaction holdings 134,350 shares Direct Class A common stock held after March 27, 2026 transactions
performance-based shares financial
"Reflects the partial disposal of performance-based shares of Company common stock, granted on March 13, 2025 under the 2024 performance-based award"
restricted stock units financial
"Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2022 Long Term Incentive Plan financial
"under the 2022 Long Term Incentive Plan. This disposal covers withholding taxes applicable for all shares which vested on March 27, 2026"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Greenwood Matthew A

(Last)(First)(Middle)
C/O PROFRAC HOLDING CORP.
333 SHOPS BOULEVARD, SUITE 301

(Street)
WILLOW PARK TEXAS 76087

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ProFrac Holding Corp. [ ACDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common stock, par value $0.01 per share03/27/2026D5,366(1)D$6.63179,241D
Class A common stock, par value $0.01 per share03/27/2026D11,462(2)D$6.63167,779D
Class A common stock, par value $0.01 per share03/27/2026D12,429(3)D$6.63155,350D
Class A common stock, par value $0.01 per share03/27/2026D8,762(4)D$6.63146,588D
Class A common stock, par value $0.01 per share03/27/2026F12,238(5)D$0134,350D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects the partial disposal of performance-based shares of Company common stock, granted on March 13, 2025 under the 2024 performance-based award, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 13, 2025 will vest March 26, 2027, subject to the reporting person's continued employment and good standing through the applicable vesting date.
2. Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2024, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 28, 2024 will vest March 26, 2027, subject to the reporting person's continued employment and good standing through the applicable vesting date.
3. Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2025, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 28, 2025 will vest equally on March 26, 2027 and March 28, 2028, subject to the reporting person's continued employment and good standing through the applicable vesting date.
4. Reflects the partial disposal of performance-based shares of Company common stock, granted on March 9, 2026 under the 2025 performance-based award, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 9, 2026 will vest equally on March 26, 2027 and March 28, 2028, subject to the reporting person's continued employment and good standing through the applicable vesting date.
5. Represents aggregate disposed shares, settled in cash, to satisfy withholding taxes applicable upon vesting of the March 28, 2024 and March 28, 2025 grants of restricted stock units, including performance-based restricted stock units, under the 2022 Long Term Incentive Plan. This disposal covers withholding taxes applicable for all shares which vested on March 27, 2026.
/s/ Steven Scrogham, Attorney-in-Fact03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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* Form 4: SEC 1474 (03-26)