STOCK TITAN

ProFrac Holding Corp. (ACDC) ex-CEO forfeits 370,883 unvested units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ProFrac Holding Corp. director Johnathan Ladd Wilks reported a disposition to the issuer of 370,883 shares of Class A common stock on August 7, 2026. This reflects the forfeiture of unvested equity awards granted under the 2022 Long-Term Incentive Plan in connection with his transition from Chief Executive Officer to member of the Board of Directors. Following this forfeiture, he directly holds 85,033 shares.

Positive

  • None.

Negative

  • None.
Insider Wilks Johnathan Ladd
Role Director
Type Security Shares Price Value
Disposition Class A common stock, par value $0.01 per share F1 370,883 $0.00 $0.00
Holdings After Transaction: Class A common stock, par value $0.01 per share — 85,033 shares (Direct)
Footnotes (1)
  1. F1. Effective August 7, 2026, the Reporting Person resigned as Chief Executive Officer of the Issuer and was appointed to serve as a member of the Board of Directors. In connection with his transition from Chief Executive Officer, the Reporting Person forfeited all unvested equity awards granted under the Issuer's 2022 Long-Term Incentive Plan, consisting of the following grants: 26,315 units granted on 03/29/2024; 57,068 units granted on 03/28/2025; and an aggregate of 287,500 units granted on 04/07/2026, representing a total of 370,883 forfeited units.
Shares disposed (forfeited) 370,883 shares Disposition to issuer on August 7, 2026 via forfeiture of unvested awards
Shares held after transaction 85,033 shares Direct Class A common stock holdings following the August 7, 2026 forfeiture
2024 grant forfeited 26,315 units Unvested units granted on 03/29/2024 under 2022 Long-Term Incentive Plan
2025 grant forfeited 57,068 units Unvested units granted on 03/28/2025 under 2022 Long-Term Incentive Plan
2026 grants forfeited 287,500 units Aggregate unvested units granted on 04/07/2026 under 2022 Long-Term Incentive Plan
Per-share transaction price $0.00 per share Price reported for disposition to issuer on August 7, 2026
Disposition to issuer financial
"transaction_code_description is listed as "Disposition to issuer" for the shares"
forfeited financial
"the Reporting Person forfeited all unvested equity awards granted under the Issuer's 2022"
2022 Long-Term Incentive Plan financial
"all unvested equity awards granted under the Issuer's 2022 Long-Term Incentive Plan"

FAQ

What insider transaction did ProFrac (ACDC) report for Johnathan Ladd Wilks?

ProFrac reported that Johnathan Ladd Wilks disposed of 370,883 Class A shares on August 7, 2026 through a forfeiture to the issuer of unvested equity awards tied to his role transition.

Why did Johnathan Ladd Wilks forfeit 370,883 ProFrac (ACDC) units?

The 370,883 units were forfeited in connection with Wilks’ transition from Chief Executive Officer to Board member, and represented unvested equity awards under ProFrac’s 2022 Long-Term Incentive Plan.

How many ProFrac (ACDC) shares does Johnathan Ladd Wilks hold after this Form 4?

After the reported forfeiture, Johnathan Ladd Wilks directly holds 85,033 shares of ProFrac Class A common stock, according to the Form 4 data filed for the August 7, 2026 transaction.

Was the ProFrac (ACDC) forfeiture transaction a market sale?

No. The Form 4 describes the event as a “Disposition to issuer” at a per-share price of $0.00, indicating a forfeiture of unvested equity awards rather than an open-market sale.

What specific equity grants did Wilks forfeit at ProFrac (ACDC)?

Wilks forfeited 26,315 units granted on March 29, 2024, 57,068 units granted on March 28, 2025, and an aggregate of 287,500 units granted on April 7, 2026, totaling 370,883 units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Wilks Johnathan Ladd

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
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 share08/07/2026D370,883(1)D$085,033D
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. Effective August 7, 2026, the Reporting Person resigned as Chief Executive Officer of the Issuer and was appointed to serve as a member of the Board of Directors. In connection with his transition from Chief Executive Officer, the Reporting Person forfeited all unvested equity awards granted under the Issuer's 2022 Long-Term Incentive Plan, consisting of the following grants: 26,315 units granted on 03/29/2024; 57,068 units granted on 03/28/2025; and an aggregate of 287,500 units granted on 04/07/2026, representing a total of 370,883 forfeited units.
/s/ Steven Scrogham, Attorney-in-Fact08/11/2026
** Signature of Reporting PersonDate
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)