Liberty Energy (NYSE: LBRT) CAO revises tax share withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Liberty Energy Inc. Chief Accounting Officer Ryan T. Gosney filed an amended Form 4 to correct a prior report of shares withheld for taxes. The amendment states that 23,367 shares of Class A Common Stock were withheld at $27.92 per share to satisfy tax withholding obligations, a non-market disposition. After this correction, Gosney is shown as directly owning 233,327 shares of Liberty Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gosney Ryan T
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 23,367 | $27.92 | $652K |
Holdings After Transaction:
Class A Common Stock — 233,327 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 23,367 shares
Withholding price per share: $27.92 per share
Shares owned after transaction: 233,327 shares
3 metrics
Shares withheld for taxes
23,367 shares
Class A Common Stock tax-withholding disposition
Withholding price per share
$27.92 per share
Price applied to tax-withholding shares
Shares owned after transaction
233,327 shares
Direct beneficial ownership after withholding
Key Terms
tax withholding obligations, beneficially owned, clerical error
3 terms
tax withholding obligations financial
"shares of common stock previously withheld to satisfy tax withholding obligations"
beneficially owned financial
"the resulting number of shares of common stock beneficially owned by the Reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
clerical error financial
"originally understated due to a clerical error"
FAQ
What did Liberty Energy (LBRT) disclose in this amended Form 4?
Liberty Energy reported an amended Form 4 for Chief Accounting Officer Ryan T. Gosney. It corrects the number of shares withheld for tax obligations and the resulting common stock holdings shown as beneficially owned after the withholding event.
Why was Ryan T. Gosney’s original Liberty Energy Form 4 amended?
The amendment states the original Form 4 understated shares withheld for tax obligations due to a clerical error. It also corrects the resulting number of Liberty Energy common shares beneficially owned by Ryan T. Gosney after that withholding transaction.