ProFrac officer granted 31,615 stock units
ProFrac Holding Corp.’s principal accounting officer, Henry Michael S, received a grant of 31,615 stock equivalent units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 31,615 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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. The stock equivalent units vest in three equal annual installments beginning in March 2026, subject to continued service. Each stock equivalent unit represents the right to receive a cash payment equal to the fair market value of one share of the Company's Class A common stock upon vesting. The stock equivalent units do not have an exercise price or expiration date.
Key Figures
Key Terms
Stock Equivalent Units financial
restricted stock units financial
vest financial
fair market value financial
Class A common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ProFrac (ACDC) report in this Form 4/A?
Why was this ProFrac (ACDC) Form 4 amended?
How many stock equivalent units were granted to the ProFrac officer?
How do ProFrac’s stock equivalent units vest for this award?
Do the ProFrac stock equivalent units have an exercise price or expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.