ProFrac Holding Corp. (ACDC) grants 31,615 stock equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProFrac Holding Corp.’s principal accounting officer, Henry Michael S, received a grant of 31,615 stock equivalent units. This Form 4/A corrects an earlier filing that had misclassified the award as restricted stock units. The stock equivalent units vest in three equal annual installments beginning in March 2026, subject to continued service. Each unit entitles him to a cash payment equal to the fair market value of one share of ProFrac’s Class A common stock upon vesting and has no exercise price or expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henry Michael S
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 31,615 | $0.00 | -- |
Holdings After Transaction:
Stock Equivalent Units — 31,615 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock equivalent units granted: 31,615 units
Vesting installments: 3 annual installments
Exercise price: $0.00 per unit
+1 more
4 metrics
Stock equivalent units granted
31,615 units
Grant on March 28, 2025; total units held after grant
Vesting installments
3 annual installments
Vesting begins in March 2026, subject to continued service
Exercise price
$0.00 per unit
Stock equivalent units have no exercise price
Expiration date
None
Stock equivalent units do not have an expiration date
Key Terms
Stock Equivalent Units, restricted stock units, vest, fair market value, +1 more
5 terms
Stock Equivalent Units financial
"This Form 4/A amends the Form 4 filed on April 1, 2025 to correct the classification of the reported award from restricted stock units to stock equivalent units."
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
restricted stock units financial
"to correct the classification of the reported award from restricted stock units to stock equivalent units."
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.
vest financial
"The stock equivalent units vest in three equal annual installments beginning in March 2026, subject to continued service."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
fair market value financial
"each stock equivalent unit represents the right to receive a cash payment equal to the fair market value of one share"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
Class A common stock financial
"equal to the fair market value of one share of the Company's Class A common stock upon vesting."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did ProFrac (ACDC) report in this Form 4/A?
ProFrac reported a grant of 31,615 stock equivalent units to its principal accounting officer. This is a compensation award that will pay cash based on the value of ProFrac’s Class A common stock when vesting occurs over time.
Why was this ProFrac (ACDC) Form 4 amended?
The Form 4 was amended to correct the classification of the reported award. It was originally reported as restricted stock units, but the filing clarifies the award actually consists of stock equivalent units with cash-settlement features instead of share delivery.
How many stock equivalent units were granted to the ProFrac officer?
The principal accounting officer received 31,615 stock equivalent units. After the award, his reported holdings of these units total 31,615, indicating this filing reflects the full grant recorded as of the transaction date in the report.
How do ProFrac’s stock equivalent units vest for this award?
The stock equivalent units vest in three equal annual installments beginning in March 2026, subject to continued service. This means one-third of the units will vest each year, spreading the compensation over a multi‑year period tied to ongoing employment.
Do the ProFrac stock equivalent units have an exercise price or expiration date?
The stock equivalent units have no exercise price or expiration date. They simply vest over time, and upon vesting they entitle the holder to a cash amount based on the fair market value of ProFrac’s Class A common stock on that vesting date.