ProFrac Holding Corp. filings document the regulatory record for a Delaware energy-services company with Class A common stock registered under ticker ACDC on the Nasdaq Global Select Market. Recent Form 8-K reports furnish quarterly and annual operating results and disclose material financing and capital-structure matters, including credit agreement amendments, senior secured floating rate notes and common-stock offering activity.
Proxy materials describe annual meeting procedures, stockholder voting matters and governance disclosures. Other company filings cover executive compensation arrangements, performance-based restricted stock units under the 2022 Long Term Incentive Plan, registered securities, and the treatment of furnished earnings releases and material agreements.
ProFrac Holding Corp. Chief Financial Officer Harbour Austin reported compensation-related disposals of Class A Common Stock tied to vesting equity awards. On March 27, 2026, he disposed of 19,624 and 18,247 shares to the issuer in connection with vested restricted stock units and performance-based shares that were settled in cash. A further 12,191 shares were disposed of to cover withholding taxes upon vesting of these awards. After these transactions, Austin directly held 100,123 shares of ProFrac Class A Common Stock.
ProFrac Holding Corp. files its annual report outlining a vertically integrated oilfield services business focused on hydraulic fracturing, proppant production, manufacturing and specialty chemicals/data through Flotek. The company operated 22 active frac fleets and had about 21.5 million tons of in-basin frac sand capacity as of December 31, 2025.
Key 2025 actions included a $107.5 million gas conditioning sale-leaseback with Flotek, amendments to the Alpine term loan to defer amortization and covenant testing, issuance of $60.0 million in additional senior secured notes due 2029, and an equity offering raising approximately $79.0 million in net proceeds. ProFrac highlights multiple 2023–2024 acquisitions, significant debt refinancing totaling $885 million in 2023, extensive environmental and regulatory disclosures, and principal risk factors tied to cyclic oil and gas spending, leverage, water availability, environmental rules and the Wilks Parties’ control.
ProFrac Holding Corp. reported weaker full-year 2025 results, with total revenue of $1.94 billion versus $2.19 billion in 2024 and a widened net loss of $356 million compared to $208 million. Adjusted EBITDA fell to $310 million from $501 million, and free cash flow declined to $25 million from $185 million. Net debt was $1.03 billion as of December 31, 2025.
Fourth-quarter 2025 showed sequential improvement: revenue rose to $437 million from $403 million in the third quarter, Adjusted EBITDA increased to $61 million from $41 million, and free cash flow improved to $14 million from negative $29 million. Management highlighted a business optimization plan targeting $100 million in annualized savings by the end of the second quarter of 2026 and guided to 2026 capital expenditures of $155 million–$185 million. The company expects first-quarter 2026 results to be softer due to January weather disruptions, estimating an $8 million–$12 million impact on Adjusted EBITDA.
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.
Harbour Austin reported acquisition or exercise transactions in this Form 4 filing.
ProFrac Holding Corp. Chief Financial Officer Harbour Austin received 72,364 shares of Class A Common Stock as a grant on March 9, 2026. The shares were issued at no cash cost as part of performance share awards granted on March 28, 2025, tied to EBITDA, free cash flow and other 2025 performance goals.
The performance conditions were certified by the Compensation Committee, releasing the performance-vesting restrictions on these shares. They will vest in three equal installments on March 28, 2026, March 28, 2027 and March 28, 2028, subject to Austin’s continued service and good standing. After this award, he holds 150,185 shares directly.
Greenwood Matthew A reported acquisition or exercise transactions in this Form 4 filing.
ProFrac Holding Corp. Chief Commercial Officer Matthew A. Greenwood reported an equity award of 41,790 shares of Class A common stock. The shares were issued at no cash cost as part of performance share awards tied to EBITDA, free cash flow and other performance criteria for the 2025 performance period.
Performance-vesting restrictions on these shares were released after the Compensation Committee certified that the performance goals were attained. Following this award, Greenwood directly holds 184,607 shares. The March 2025 performance grant is scheduled to vest in equal portions on March 28, 2026, 2027 and 2028, while the March 2023 grant will vest on March 31, 2026, subject to continued service and good standing.
ProFrac Holding Corp. Chief Executive Officer Johnathan Ladd Wilks reported an internal restructuring of indirect holdings in Class A common stock. A total of 54,857 shares held by Farjo Holdings, LP were distributed in kind to its partners for no consideration under Farjo’s partnership agreement, with KWELL Holdings, LP receiving shares through this pro rata distribution. Following the transaction, 1,275,835 shares are reported as held indirectly through a limited partnership structure and 233,410 shares are reported as held directly. The filing notes that voting and investment control over the indirectly held shares resides with KWELL Group, LLC, and Wilks disclaims beneficial ownership except to the extent of his pecuniary interest.
ProFrac Holding Corp. updated its main credit agreement through a Ninth Amendment effective March 3, 2026. The maximum availability under the facility was reduced to $275.0 million, while the scheduled maturity was extended by six months to September 3, 2027.
The amendment revises pricing so the applicable margin for SOFR-based loans now starts in a range of 1.75% to 2.25%, with 0.25% step-ups every three months after the amendment’s effective date, up to a range of 3.00% to 3.50%. The unused line fee was reset to 0.375% at all times.
The amendment also tightens certain negative covenant exceptions and replaces a previous $15.0 million minimum liquidity requirement with a $45.0 million minimum availability covenant, increasing the borrowing base cushion the company must maintain under the facility.
ProFrac Holding Corp. filed an initial insider ownership report for Jeremy Spriggs, who is identified as the company’s Chief Operations Officer. The Form 3 data provided lists no share purchase or sale activity, with zero shares reported as bought or sold.