Liberty Energy CEO Ron Gusek buys 25,000 shares

No Rule 10b5-1 plan is reported for the purchase.

Available on EDGAR 11/05/2026 - 05:25 PM EST Accepted by SEC EDGAR 11/05/2026 - 05:24 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Liberty Energy Inc. CEO and President Ron Gusek purchased 25,000 Class A common shares on November 3, 2026, at a weighted-average price of $15.0934 per share; the transactions ranged from $15.015 to $15.14 per share. His reported direct holdings after the purchase were 1,068,702 shares, and 400,000 shares were reported as held by his spouse.

Insider Trade Summary

Net Buyer: 25,000 shares

Net Buy 1 txn

Insider Gusek Ron

Role CEO and President

Bought 25,000 shs ($377K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1	25,000	$15.0934	$377K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,068,702 shares (Direct); Class A Common Stock — 400,000 shares (Indirect, By spouse)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.015 to $15.14, 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.

Key Figures

Shares purchased: 25,000 shares Weighted-average purchase price: $15.0934 per share Purchase price range: $15.015 to $15.14 per share +2 more

5 metrics

Shares purchased 25,000 shares November 3, 2026

Weighted-average purchase price $15.0934 per share November 3, 2026

Purchase price range $15.015 to $15.14 per share Multiple transactions on November 3, 2026

Direct shares following purchase 1,068,702 shares Reported after the November 3, 2026 purchase

Shares held by spouse 400,000 shares Reported on November 3, 2026

Key Terms

weighted average price, Rule 10b5-1 plan, indirect ownership

3 terms

weighted average price financial

"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.

Rule 10b5-1 plan regulatory

"no Rule 10b5-1 plan is reported"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

indirect ownership financial

"400,000 shares held by his spouse"

FAQ

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

How many LBRT shares did Ron Gusek buy, and at what price?

Ron Gusek purchased 25,000 Class A common shares on November 3, 2026, at a weighted-average price of $15.0934 per share. The shares were purchased in multiple transactions priced from $15.015 to $15.14 per share; no Rule 10b5-1 plan is reported.

What were Ron Gusek's reported LBRT holdings after the purchase?

After the November 3, 2026 purchase, Ron Gusek reported direct holdings of 1,068,702 Class A common shares. The reported holdings also include 400,000 shares held by his spouse.

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

Form 4 Insider Transactions: What Each Field Means →

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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 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
X	Officer (give title below)		Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026

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	11/03/2026		P		25,000	A	$15.0934(1)	1,068,702	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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.015 to $15.14, 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.

Remarks:

	/s/ Kamal Gala, attorney-in-fact for Ron Gusek	11/05/2026
	** 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)