Liberty Energy (LBRT) CEO awarded shares, 45,025 withheld for taxes

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Liberty Energy Inc. CEO and President Ron Gusek reported equity compensation activity in Class A Common Stock. On April 1, 2026, he received 102,914 shares at no cost upon achievement of performance criteria and vesting of performance restricted stock units originally granted on January 24, 2023.

On the same date, 45,025 shares were withheld at $27.92 per share to cover tax withholding obligations tied to the vesting of these performance RSUs and other RSUs granted on January 24, 2023, January 22, 2024, and January 22, 2025. After these entries, he holds 1,070,353 shares directly and 400,000 shares indirectly through his spouse.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Gusek Ron

Role CEO and President

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	102,914	$0.00	--
Tax Withholding	Class A Common Stock	45,025	$27.92	$1.26M
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,115,378 shares (Direct); Class A Common Stock — 400,000 shares (Indirect, By spouse)

Footnotes (1)

Shares of common stock issued to the Reporting Person on April 1, 2026 upon achievement of the performance criteria and vesting of performance restricted stock units granted on January 24, 2023. Represents shares withheld to satisfy the tax withholding obligations upon vesting of performance RSUs granted on January 24, 2023 and RSUs granted on January 24, 2023, January 22, 2024, and January 22, 2025.

Key Figures

RSU vesting shares: 102,914 shares Tax withholding shares: 45,025 shares Withholding price: $27.92 per share +2 more

5 metrics

RSU vesting shares 102,914 shares Class A Common Stock issued upon performance RSU vesting on April 1, 2026

Tax withholding shares 45,025 shares Shares withheld at $27.92 to satisfy tax obligations on April 1, 2026

Withholding price $27.92 per share Price for shares withheld to satisfy tax withholding obligations

Direct holdings after transactions 1,070,353 shares Direct Class A Common Stock held by Ron Gusek following reported entries

Indirect holdings by spouse 400,000 shares Class A Common Stock reported as indirectly owned by spouse

Key Terms

performance restricted stock units, performance RSUs, RSUs, tax withholding obligations

4 terms

performance restricted stock units financial

"upon achievement of the performance criteria and vesting of performance restricted stock units granted on January 24, 2023"

Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.

performance RSUs financial

"Represents shares withheld to satisfy the tax withholding obligations upon vesting of performance RSUs granted on January 24, 2023"

Performance RSUs are promises to deliver company shares to executives or employees only if the business meets preset goals such as revenue, profit, stock price, or operational targets. They matter to investors because they align management pay with measurable company results and can affect the number of shares outstanding and future earnings per share once the shares are issued. Think of them as a bonus paid in stock that only arrives if the team hits the agreed milestones.

RSUs financial

"and RSUs granted on January 24, 2023, January 22, 2024, and January 22, 2025"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax withholding obligations financial

"Represents shares withheld to satisfy the tax withholding obligations upon vesting"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 08:21 PM

SEC Form 4

FORM 4

UNITED 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^*

Gusek Ron

(Last)

(First)

(Middle)

950 17TH STREET, SUITE 2400

(Street)

DENVER

COLORADO

80202

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Liberty Energy Inc. [ LBRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/01/2026		A		102,914⁽¹⁾	A	$0	1,115,378	D
Class A Common Stock	04/01/2026		F		45,025⁽²⁾	D	$27.92	1,070,353	D
Class A Common Stock								400,000	I	By spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares of common stock issued to the Reporting Person on April 1, 2026 upon achievement of the performance criteria and vesting of performance restricted stock units granted on January 24, 2023.

2. Represents shares withheld to satisfy the tax withholding obligations upon vesting of performance RSUs granted on January 24, 2023 and RSUs granted on January 24, 2023, January 22, 2024, and January 22, 2025.

Remarks:

	/s/ R. Sean Elliott, attorney-in-fact for Ron Gusek	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Liberty Energy (LBRT) CEO Ron Gusek report in this Form 4?

Ron Gusek reported equity compensation activity in Liberty Energy Class A Common Stock. He received 102,914 shares through vesting of performance restricted stock units, with a portion of shares withheld to satisfy related tax obligations.

How many Liberty Energy (LBRT) shares did Ron Gusek receive from RSU vesting?

He received 102,914 shares of Class A Common Stock at no cost. These shares were issued upon achievement of performance criteria and vesting of performance restricted stock units originally granted on January 24, 2023.

Why were 45,025 Liberty Energy (LBRT) shares withheld from Ron Gusek?

45,025 shares were withheld at $27.92 per share to cover tax withholding obligations. The withholding relates to vesting of performance RSUs granted January 24, 2023 and RSUs granted January 24, 2023, January 22, 2024, and January 22, 2025.

How many Liberty Energy (LBRT) shares does Ron Gusek hold after these transactions?

Following these transactions, Ron Gusek holds 1,070,353 Liberty Energy Class A Common Stock shares directly. He also has an additional 400,000 shares reported as indirectly owned through his spouse.

Was there an open-market buy or sell of Liberty Energy (LBRT) shares in this Form 4?

No open-market buy or sell is reported. The filing shows a grant of 102,914 shares from vesting performance RSUs and a 45,025-share tax withholding disposition, which is a non-market mechanism to satisfy tax obligations.

What types of RSU awards are referenced in this Liberty Energy (LBRT) Form 4?

The Form 4 references performance restricted stock units granted on January 24, 2023 and time-based RSUs granted on January 24, 2023, January 22, 2024, and January 22, 2025, which contributed to the vesting and related tax withholding.