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Executive at ProFrac (ACDC) receives 31,047-share performance stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Scrogham Steven reported acquisition or exercise transactions in this Form 4 filing.

ProFrac Holding Corp.’s Chief Legal Officer, Chief Compliance Officer and Corporate Secretary Steven Scrogham received a grant of 31,047 shares of Class A common stock as a performance-based award. This award reflects 2025 performance goals tied to EBITDA, free cash flow and other criteria certified by the board’s compensation committee.

The shares will vest in three equal installments on March 28, 2026, March 28, 2027 and March 28, 2028, subject to his continued service and good standing. Following this grant, Scrogham directly holds 132,221 shares of ProFrac Class A common stock.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scrogham Steven

(Last) (First) (Middle)
C/O PROFRAC HOLDING CORP
333 SHOPS BOULEVARD, SUITE 301

(Street)
WILLOW PARK TX 76087

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ProFrac Holding Corp. [ ACDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CLO, CCO & Corp. Sec.
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock, par value $0.01 per share 03/09/2026 A 31,047(1) A $0 132,221 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of Company common stock issued under performance share awards granted to the reporting person on March 28, 2025. The award was subject to performance-vesting restrictions based on EBITDA, free cash flow and other performance criteria for the performance period from January 1, 2025 to December 31, 2025. The performance-vesting restrictions with respect to these shares were released on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of the Company's Board of Directors. These shares will vest equally on March 28, 2026, March 28, 2027 and March 28, 2028, subject to the reporting person's continued service and good standing through each applicable vesting date.
/s/ Steven Scrogham, Attorney-in-Fact 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ProFrac (ACDC) report for Steven Scrogham?

ProFrac reported a grant of 31,047 Class A common shares to Steven Scrogham. The award is compensation-based, not an open‑market purchase, and relates to performance share awards tied to 2025 EBITDA, free cash flow and other performance criteria.

Was the ProFrac (ACDC) Form 4 transaction a stock purchase or sale?

The Form 4 shows an acquisition through a grant, not a market trade. Shares were issued at zero price per share as part of performance share awards, so this is compensation rather than a buy or sell decision in the open market.

How many ProFrac (ACDC) shares does Steven Scrogham hold after this Form 4?

After the reported grant, Steven Scrogham directly holds 132,221 shares of ProFrac Class A common stock. This total includes the newly issued 31,047 shares awarded under the performance share program, subject to future time‑based vesting conditions.

What performance period is tied to Steven Scrogham’s ProFrac (ACDC) share award?

The performance share award relates to a performance period from January 1, 2025 to December 31, 2025. Vesting was conditioned on achieving EBITDA, free cash flow and other goals, which were certified by the compensation committee before releasing performance restrictions.

When will Steven Scrogham’s new ProFrac (ACDC) shares vest?

The 31,047 awarded shares will vest in three equal installments on March 28, 2026, March 28, 2027 and March 28, 2028. Each tranche requires Steven Scrogham to remain in service and in good standing through the applicable vesting date.

What role does Steven Scrogham hold at ProFrac (ACDC) in this Form 4?

Steven Scrogham is identified as Chief Legal Officer, Chief Compliance Officer and Corporate Secretary of ProFrac. The reported shares were granted to him in that executive capacity under the company’s performance share award program as part of his compensation package.
ProFrac Holding Corp.

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