ProFrac CLO granted 31,047 performance shares
Scrogham Steven reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock, par value $0.01 per share | 31,047 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did ProFrac (ACDC) report for Steven Scrogham?
Was the ProFrac (ACDC) Form 4 transaction a stock purchase or sale?
What role does Steven Scrogham hold at ProFrac (ACDC) in this Form 4?
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