Liberty Energy (NYSE: LBRT) CEO awarded 114,495 restricted stock units

Rhea-AI Filing Summary

Liberty Energy Inc. CEO and President Ron Gusek reported an equity award in the form of restricted stock units tied to the company’s Class A common stock. On January 19, 2026, he acquired 114,495 Class A shares at no cash cost, reflecting a grant of restricted stock units that convert into shares upon vesting. After this award, he beneficially owned 1,012,683 Class A shares directly, with an additional 400,000 shares held indirectly by his spouse. The restricted stock units granted on January 19, 2026 vest in three equal installments on April 1, 2027, 2028 and 2029, contingent on his continued employment, and each unit will deliver one share of Class A common stock when it vests.

SEC Form 4

FORM 4

UNITED 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^*

Gusek Ron

(Last) (First) (Middle)

950 17TH STREET, SUITE 2400

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Energy Inc. [ LBRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
01/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	01/19/2026		A		114,495	A	(1)	1,012,683	D
Class A Common Stock								400,000	I	By spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units granted on January 19, 2026, which vest in three equal installments on April 1, 2027, 2028 and 2029, subject to continued employment. Each restricted stock unit represents a contingent right to receive one share of Liberty Energy Inc. Class A common stock following vesting.

Remarks:

	/s/ Kamal Gala, attorney-in-fact for Ron Gusek	01/21/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Liberty Energy Inc. (LBRT) report for Ron Gusek?

Liberty Energy Inc. reported that CEO and President Ron Gusek acquired 114,495 shares of Class A common stock on January 19, 2026. The acquisition reflects a grant of restricted stock units that convert into shares upon vesting, rather than an open-market purchase.

How many Liberty Energy Inc. (LBRT) shares does Ron Gusek own after this Form 4 transaction?

Following the reported transaction, Ron Gusek beneficially owned 1,012,683 shares of Liberty Energy Inc. Class A common stock directly, and an additional 400,000 shares were held indirectly and reported as owned by his spouse.

What are the vesting terms of the restricted stock units granted to the Liberty Energy Inc. (LBRT) CEO?

The Form 4 states that the restricted stock units granted on January 19, 2026 vest in three equal installments on April 1, 2027, April 1, 2028 and April 1, 2029, and vesting is subject to continued employment.

Does each restricted stock unit for Liberty Energy Inc. (LBRT) convert into a share?

Yes. The footnote explains that each restricted stock unit represents a contingent right to receive one share of Liberty Energy Inc. Class A common stock following vesting, so the grant is structured as equity compensation.

Was there a purchase price for the Liberty Energy Inc. (LBRT) shares acquired by Ron Gusek?

The transaction shows a price per share of $0.00, indicating that these shares were acquired through a restricted stock unit grant rather than a cash purchase in the market.

How is the spouse’s Liberty Energy Inc. (LBRT) shareholding reported in this Form 4?

The filing shows an indirect holding of 400,000 shares of Class A common stock with the nature of ownership described as “By spouse”, indicating those shares are attributed to Ron Gusek as indirect beneficial ownership.