Gusek Ron 4/A
Research Summary
AI-generated summary
Liberty Energy (LBRT) CEO Ron Gusek Withholds 71,676 Shares
What Happened
- Ron Gusek, CEO, President and Director of Liberty Energy Inc. (LBRT), had 71,676 shares disposed/withheld on April 1, 2026 to satisfy tax withholding obligations related to equity compensation. The shares were recorded at $27.92 per share for a total value of $2,001,194. This filing is an amendment correcting the previously reported number of shares withheld and the resulting beneficial ownership.
Key Details
- Transaction date: 2026-04-01; reported originally on Form 4 filed 2026-04-02 and amended on 2026-04-14.
- Type: Code F — payment of exercise price or tax liability (shares withheld to cover taxes), not an open-market sale.
- Shares withheld/disposed: 71,676 at $27.92; total value $2,001,194.
- Footnote: Amendment (F1) corrects an earlier clerical understatement of withheld shares and the resulting beneficial ownership figures.
- Shares owned after transaction: the amended Form 4 corrected this number, but the exact post-transaction total is not provided in the summary you supplied.
Context
- Withholding shares to satisfy taxes is a routine administrative transaction following option exercises or vesting and does not directly indicate a buy/sell decision on the open market. The amendment simply fixes a clerical error in the originally reported withholding and resulting beneficial ownership.