ProFrac (ACDC) 10% Owner THRC Holdings Buys 607,227 Shares

What Happened

• THRC Holdings, LP (a reported 10% owner) made open‑market purchases of ProFrac Holding Corp. (ACDC) common stock (transaction code P). The entity acquired 212,650 shares on 2026-08-21 ($4.74/wtd avg, $1,008,918), 363,757 shares on 2026-08-24 ($4.70/wtd avg, $1,710,604), and 30,820 shares on 2026-08-25 (~$4.81/wtd avg, $148,127) — a total of 607,227 shares for approximately $2,867,649. These are purchases (buying shares), which many investors view as a more informative insider action than routine sales.

Key Details

• Transaction dates and reported weighted‑average prices/ranges:
  • 2026-08-21: 212,650 shares @ reported wtd avg $4.74 (purchases ranged $4.65–$4.75 per footnote).
  • 2026-08-24: 363,757 shares @ reported wtd avg $4.70 (purchases ranged $4.63–$4.75 per footnote).
  • 2026-08-25: 30,820 shares @ reported wtd avg $4.81 (purchases ranged $4.74–$4.82 per footnote).
• Total acquired: 607,227 shares for ~$2.87 million.
• Shares owned after transaction: not disclosed in the provided data (Form 4 may include this; check the filing for the post‑transaction beneficial ownership total).
• Footnotes of note:
  • The purchases were made in the open market (footnote indicates direct open‑market buys).
  • THRC Management LLC is the general partner of THRC Holdings; Dan Wilks is the sole member of the manager and "may be deemed" to exercise voting/investment power over these shares (footnote).
  • The reported prices are weighted averages covering multiple executions; the filer offers to provide a breakdown of shares bought at each price on request.
  • The filing was made on 2026-08-26 covering transactions on Aug 21, 24 and 25 (no late‑filing indication in the provided summary).

Context

• THRC Holdings is a >10% owner (an institutional/majority investor entity), not an officer/director trade; such purchases reflect actions by a large stakeholder rather than routine insider compensation or option exercises.
• Purchases (P) are generally considered a stronger signal of confidence than sales, but this summary is factual only — it does not infer the purchaser’s motivation.
• For more detail (per the footnotes), the filer can provide the exact per‑trade prices within the reported ranges upon request; review the full Form 4 (accession 0001104659-26-101760) for the official filing.