ProFrac (ACDC) CCO reports share disposals tied to vesting awards
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
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)
- 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.
Key Figures
Issuer disposition tranche 1: 5,366 shares at $6.63
Issuer disposition tranche 2: 11,462 shares at $6.63
Issuer disposition tranche 3: 12,429 shares at $6.63
+3 more
6 metrics
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
Key Terms
performance-based shares, restricted stock units, tax-withholding disposition, 2022 Long Term Incentive Plan
4 terms
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"