ELLIOTT R SEAN 4/A
4/A · Liberty Energy Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Liberty Energy (LBRT) CLO Elliott R. Sean Sells 33,726 Shares
What Happened
Elliott R. Sean, Chief Legal Officer of Liberty Energy, had 33,726 shares of company stock disposed of on April 1, 2026 as a tax/exercise withholding (reported as code F). The shares were recorded at $27.92 each, totaling approximately $941,630. This was a withholding to satisfy tax or exercise-related obligations, not an open-market sale.
Key Details
- Transaction date: 2026-04-01; Price per share: $27.92; Shares withheld/disposed: 33,726; Total value: ~$941,630.
- Transaction type: F (payment of exercise price or tax liability — share withholding).
- Filing: Amended Form 4 filed 2026-04-14 to correct the number of shares withheld and the resulting beneficial ownership; the original Form 4 was filed April 2, 2026.
- Shares owned after transaction: corrected in the amended filing; see the amended Form 4 for the exact post-withholding beneficial ownership number.
Context
Code F transactions are typically routine share withholdings to cover taxes from option exercises or vested awards (a form of cashless/withholding settlement), and do not necessarily reflect a decision to sell shares on the open market. The amendment corrects a clerical understatement of shares withheld and the resulting ownership position.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-04-01$27.92/sh−33,726$941,630→ 350,474 total
Footnotes (1)
- [F1]The Reporting Person is amending the Form 4 filed on April 2, 2026 to correct (a) the number of shares of common stock previously withheld to satisfy tax withholding obligations, which were originally understated due to a clerical error and (b) the resulting number of shares of common stock beneficially owned by the Reporting person following the withholding.