ProFrac CEO (ACDC) adds 80,000 shares in indirect August buys
Rhea-AI Filing Summary
ProFrac Holding Corp. insider Matthew Wilks, its Chief Executive Officer, reported indirect open-market purchases of a total of 80,000 shares of Class A common stock. On August 10, 2026, an entity he manages, JCMWZ, LLC, purchased 57,519 shares at a weighted average price of $4.859 per share, in multiple trades between $4.645 and $4.99. On August 11, 2026, JCMWZ, LLC purchased 22,481 shares at a weighted average price of $5.4431, in trades between $5.12 and $5.45. Wilks is the manager of JCMWZ, LLC and disclaims beneficial ownership of those securities except to the extent of his pecuniary interest. He also reports 1,788,127 Class A shares held directly.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 80,000 shares
Net Buy
3 txns
Insider
Wilks Matthew
Role
Chief Executive Officer
Bought
80,000 shs ($402K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock, par value $0.01 per share F3, F2 | 22,481 | $5.4431 | $122K |
| Purchase | Class A common stock, par value $0.01 per share F1, F2 | 57,519 | $4.859 | $279K |
| holding | Class A common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.01 per share — 502,097 shares (Indirect, Held by JCMWZ, LLC);
Class A common stock, par value $0.01 per share — 1,788,127 shares (Direct)
Footnotes (3)
- F1. The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $4.645 to $4.99 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. The reporting person is the Manager of JCMWZ, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F3. The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $5.12 to $5.45 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased 2026-08-10: 57,519 shares
Shares purchased 2026-08-11: 22,481 shares
Total shares purchased: 80,000 shares
+3 more
6 metrics
Shares purchased 2026-08-10
57,519 shares
Indirect open-market purchase by JCMWZ, LLC at weighted average $4.859 per share
Shares purchased 2026-08-11
22,481 shares
Indirect open-market purchase by JCMWZ, LLC at weighted average $5.4431 per share
Total shares purchased
80,000 shares
Net buy across reported Form 4 transactions
Direct holdings after transaction
1,788,127 shares
Class A common stock held directly by Matthew Wilks as of 2026-08-10
Price range 2026-08-10
$4.645 to $4.99 per share
Range for multiple trades included in weighted average price on August 10, 2026
Price range 2026-08-11
$5.12 to $5.45 per share
Range for multiple trades included in weighted average price on August 11, 2026
Key Terms
weighted average purchase price, pecuniary interest, indirect ownership
3 terms
weighted average purchase price financial
"The reported price is a weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "Held by JCMWZ, LLC""
FAQ
What insider stock transactions did ProFrac Holding Corp. (ACDC) disclose?
ProFrac reported that CEO Matthew Wilks, through JCMWZ, LLC, purchased 80,000 Class A shares in open-market transactions on August 10 and 11, 2026, at weighted average prices of $4.859 and $5.4431 per share, respectively.
What was the ProFrac (ACDC) insider purchase on August 11, 2026?
On August 11, 2026, JCMWZ, LLC bought 22,481 ProFrac Class A shares at a weighted average price of $5.4431 per share. The filing notes these shares were acquired in multiple trades priced between $5.12 and $5.45 per share.
Were the ProFrac (ACDC) insider purchases made directly by Matthew Wilks?
The reported purchases were made indirectly through JCMWZ, LLC, where Wilks serves as Manager. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, according to the footnote in the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.