Liberty Energy Inc.·4/A

Apr 14, 9:43 PM ET

ELLIOTT R SEAN 4/A

Research Summary

AI-generated summary

Updated

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.