ProFrac Holding (ACDC) entities tied to Dan Wilks purchase 720,000 shares
Rhea-AI Filing Summary
Entities associated with Dan H. Wilks, including THRC Holdings LP and THRC Management LLC, reported open-market purchases of ProFrac Holding Corp. Class A common stock. On August 10, 2026 they purchased 517,669 shares at a weighted average price of $4.859 per share, and on August 11, 2026 they purchased 202,331 shares at a weighted average price of $5.443 per share, totaling 720,000 shares, all held indirectly. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
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Insights
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Insider Trade Summary
Net Buyer: 720,000 shares
Net Buy
2 txns
Insider
Wilks Dan H., THRC Holdings, LP, THRC Management, LLC
Role
10% Owner | 10% Owner | 10% Owner
Bought
720,000 shs ($3.62M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock, par value $0.01 per share F1, F4, F3 | 202,331 | $5.443 | $1.10M |
| Purchase | Class A common stock, par value $0.01 per share F1, F2, F3 | 517,669 | $4.859 | $2.52M |
Holdings After Transaction:
Class A common stock, par value $0.01 per share — 87,500,195 shares (Indirect, See Footnotes)
Footnotes (4)
- F1. Reflects shares of the Issuer's Class A common stock acquired in the open market directly by THRC Holdings LP. The general partner of THRC Holdings is THRC Management LLC, a Texas limited liability company. Dan Wilks is the sole member of THRC Management LLC and may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by THRC Holdings LP, and therefore may be deemed to beneficially own such shares.
- F2. The reported price in Column 4 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.
- F3. Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
- F4. The reported price in Column 4 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: 517,669 shares
Shares purchased 2026-08-11: 202,331 shares
Total shares purchased: 720,000 shares
+2 more
5 metrics
Shares purchased 2026-08-10
517,669 shares
Open-market purchase at weighted average price of $4.859 per share
Shares purchased 2026-08-11
202,331 shares
Open-market purchase at weighted average price of $5.443 per share
Total shares purchased
720,000 shares
Aggregate of reported August 10–11, 2026 open-market purchases
Price range 2026-08-10
$4.645 to $4.99 per share
Range of prices for purchases reported on August 10, 2026
Price range 2026-08-11
$5.12 to $5.45 per share
Range of prices for purchases reported on August 11, 2026
Key Terms
weighted average purchase price, beneficial ownership, pecuniary interest, indirect ownership
4 terms
weighted average purchase price financial
"The reported price in Column 4 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.
beneficial ownership financial
"may be deemed to beneficially own such shares of the Issuer's Class A common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of its respective pecuniary interest therein"
indirect ownership financial
"The shares were acquired in the open market and are held indirectly through THRC Holdings LP."
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