ProFrac CCO settles stock awards, adjusts holdings
ProFrac Holding Corp. Chief Commercial Officer Matthew A. Greenwood reported compensation-related share disposals tied to vested equity awards.
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Rhea-AI Filing Summary
ProFrac Holding Corp. Chief Commercial Officer Matthew A. Greenwood reported compensation-related share disposals tied to vested equity awards. On March 31, 2026, he disposed of 7,564 and 5,330 shares of Class A common stock to the issuer as restricted stock units and performance-based shares vested and were settled in cash. An additional 4,151 shares were withheld to cover taxes upon vesting under the 2022 Long Term Incentive Plan. After these transactions, Greenwood directly holds 117,305 shares of ProFrac Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A common stock, par value $0.01 per share | 7,564 | $6.20 | $47K |
| Disposition | Class A common stock, par value $0.01 per share | 5,330 | $6.20 | $33K |
| Exercise Price or Tax Liability | Class A common stock, par value $0.01 per share | 4,151 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects the disposal of restricted stock units granted to the reporting person on March 31, 2023, which vested on March 31, 2026 and were settled with the reporting person in cash.
- F2. Reflects the disposal of performance-based shares of Company common stock, granted on March 9, 2026 under the 2023 performance-based award, which vested on March 31, 2026 and were settled with the reporting person in cash.
- F3. Represents aggregate disposed shares, settled in cash, to satisfy withholding taxes applicable upon vesting of the March 31, 2023 grant 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 31, 2026.
Key Figures
Key Terms
restricted stock units financial
2022 Long Term Incentive Plan financial
tax-withholding disposition financial
disposition to issuer financial
FAQ
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What did ProFrac (ACDC) executive Matthew Greenwood report in this Form 4 filing?
Were Matthew Greenwood’s ProFrac (ACDC) transactions open-market sales or compensation related?
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