Liberty Energy director buys 14,500 shares

The director's 9,566 directly held restricted stock units vest 100% on January 2, 2027, subject to continued service.

Rhea-AI Filing Summary

Liberty Energy Inc. director Ken Babcock reported an indirect purchase through a trust of 14,500 Class A common shares on October 26, 2026, at a weighted average price of $15.40 per share; reported prices ranged from $15.395 to $15.40. The trust held 83,258 shares after the transaction. Babcock also reported 9,566 directly held restricted stock units, granted January 2, 2026, that vest January 2, 2027, subject to continued service.

Insider Trade Summary

Net Buyer: 14,500 shares

Net Buy 2 txns

Insider Babcock Ken

Role Director

Bought 14,500 shs ($223K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1	14,500	$15.40	$223K
holding	Class A Common Stock F2	--	--	--

Holdings After Transaction: Class A Common Stock — 83,258 shares (Indirect, By trust); Class A Common Stock — 9,566 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.395 to $15.40, inclusive. The Reporting Person undertakes to provide to Liberty Energy Inc., any security holder of Liberty Energy Inc., 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.
2. F2. Consists of restricted stock units granted on January 2, 2026, which vest 100% on January 2, 2027, subject to continued service. Each restricted stock unit represents a contingent right to receive one share of Liberty Energy Inc. Class A common stock following vesting.

Key Figures

Class A common shares purchased: 14,500 shares Weighted average price: $15.40 per share Purchase price range: $15.395 to $15.40 per share +2 more

5 metrics

Class A common shares purchased 14,500 shares Indirect purchase through a trust on October 26, 2026

Weighted average price $15.40 per share Purchase on October 26, 2026

Purchase price range $15.395 to $15.40 per share Prices in the multiple purchase transactions

Shares held through trust after purchase 83,258 shares As of the October 26, 2026 transaction

Directly held restricted stock units 9,566 units Granted January 2, 2026; vest 100% on January 2, 2027, subject to continued service

Key Terms

weighted average price, restricted stock units, contingent right

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock units financial

"Consists of restricted stock units granted on January 2, 2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each restricted stock unit represents a contingent right"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LBRT shares did Ken Babcock report buying through a trust, and at what price?

Ken Babcock reported an indirect purchase through a trust of 14,500 Class A common shares on October 26, 2026, at a weighted average price of $15.40 per share. The reported prices ranged from $15.395 to $15.40, inclusive. No Rule 10b5-1 plan is reported for the purchase, and the trust held 83,258 shares afterward.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/28/2026 - 04:25 PM EDT Accepted by SEC EDGAR 10/28/2026 - 04:24 PM EDT Learn about SEC filing dates

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^*

Babcock Ken

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/26/2026

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

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

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

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	10/26/2026		P		14,500	A	$15.4(1)	83,258	I	By trust
Class A Common Stock								9,566(2)	D

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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.395 to $15.40, inclusive. The Reporting Person undertakes to provide to Liberty Energy Inc., any security holder of Liberty Energy Inc., 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.

2. Consists of restricted stock units granted on January 2, 2026, which vest 100% on January 2, 2027, subject to continued service. 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 Ken Babcock	10/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)