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Liberty Energy (NYSE: LBRT) CLO corrects 33,726-share tax withholding entry

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

Rhea-AI Filing Summary

Liberty Energy Inc. Chief Legal Officer Sean R. Elliott filed an amended insider report to correct a prior clerical error related to equity compensation tax withholding. The amendment states that 33,726 shares of Class A common stock were withheld at $27.92 per share to cover tax obligations, rather than the smaller amount previously reported. After this non-market, tax-withholding disposition, Elliott directly beneficially owns 350,474 shares of Liberty Energy common stock.

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Insider ELLIOTT R SEAN
Role Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 33,726 $27.92 $942K
Holdings After Transaction: Class A Common Stock — 350,474 shares (Direct)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 33,726 shares Shares delivered to satisfy tax obligations
Tax-withholding price $27.92 per share Value applied to withheld Liberty Energy shares
Shares owned after transaction 350,474 shares Directly beneficially owned after tax withholding
Tax-withholding transactions 1 transaction, 33,726 shares Summary of F-code tax-withholding activity
Form 4 regulatory
"The Reporting Person is amending the Form 4 filed on April 2, 2026 to correct"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax withholding obligations financial
"previously withheld to satisfy tax withholding obligations, which were originally understated"
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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED 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*
ELLIOTT R SEAN

(Last)(First)(Middle)
950 17TH STREET, SUITE 2400

(Street)
DENVER COLORADO 80202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Liberty Energy Inc. [ LBRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/02/2026
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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F33,726(1)D$27.92350,474D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person is amending the Form 4 filed on April 2, 2026 to correct (a) the number of shares of common stock previously withheld to satisfy tax withholding obligations, which were originally understated due to a clerical error and (b) the resulting number of shares of common stock beneficially owned by the Reporting person following the withholding.
Remarks:
/s/ Kamal Gala, attorney-in-fact for R. Sean Elliott04/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Liberty Energy (LBRT) disclose in this amended Form 4?

Liberty Energy reported that Chief Legal Officer Sean R. Elliott amended a prior Form 4 to correct a clerical error in tax-withholding shares, updating the number withheld and his resulting directly owned share balance.

How many Liberty Energy shares were withheld for taxes in this Form 4/A?

The amended filing states that 33,726 shares of Liberty Energy Class A common stock were withheld to satisfy tax obligations, revising a previously understated amount attributed to a clerical reporting error in the earlier Form 4.

What price per share was used for Liberty Energy’s tax withholding?

The tax-withholding disposition used a price of $27.92 per share for Liberty Energy Class A common stock, which is the value applied to the 33,726 shares delivered to satisfy the reporting person’s tax liability.

How many Liberty Energy shares does the insider own after this correction?

Following the corrected tax-withholding entry, Chief Legal Officer Sean R. Elliott is reported to directly beneficially own 350,474 shares of Liberty Energy Class A common stock, reflecting his updated position after the non-market disposition.

Was this Liberty Energy insider transaction an open-market sale?

No. The transaction is coded as tax-withholding, meaning shares were delivered to cover tax obligations rather than sold in the open market, so it does not represent a discretionary buy or sell decision by the insider.

Why was Liberty Energy’s original Form 4 amended for this insider?

The amendment explains the original Form 4 understated the number of shares withheld for tax obligations and therefore misstated the insider’s post-transaction holdings, both of which are now corrected in this Form 4/A.