ProFrac director forfeits 370,883 stock units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A common stock, par value $0.01 per share F1 | 370,883 | $0.00 | $0.00 |
Footnotes (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.
Key Figures
Key Terms
Disposition to issuer financial
forfeited financial
2022 Long-Term Incentive Plan financial
FAQ
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What insider transaction did ProFrac (ACDC) report for Johnathan Ladd Wilks?
Why did Johnathan Ladd Wilks forfeit 370,883 ProFrac (ACDC) units?
Was the ProFrac (ACDC) forfeiture transaction a market sale?
What specific equity grants did Wilks forfeit at ProFrac (ACDC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.