Greenwood Matthew A 4

What Happened
Matthew A. Greenwood, Chief Commercial Officer of ProFrac Holding Corp. (ACDC), reported dispositions on 2026-03-27 consisting of four cash settlements to the issuer: 5,366; 11,462; 12,429; and 8,762 shares at $6.63 each (total 38,019 shares for $252,066). A separate line shows 12,238 shares disposed with $0 proceeds to satisfy tax obligations. These transactions reflect cash settlements/withholding related to the vesting of performance-based shares and restricted stock units (RSUs), not open‑market sales.

Key Details

• Transaction date: 2026-03-27; price for cash-settled lines: $6.63 per share.
• Total reported cash proceeds: $252,066 (38,019 shares). An additional 12,238 shares were surrendered/used to satisfy tax liability (no cash reported).
• Footnotes: Vesting and cash settlement relate to grants dated March 13, 2025; March 28, 2024; March 28, 2025; and March 9, 2026. Remaining tranches of those awards vest on March 26, 2027 and/or March 28, 2028, subject to continued employment. The disposals were to satisfy withholding taxes on vested awards.
• Shares owned after the transactions: not specified in the supplied filing excerpt.
• Filing timeliness: Form filed 2026-03-31 for transactions on 2026-03-27 — filed within standard 2 business days (timely).

Context

• Transaction codes: D = disposition to issuer (cash settlement / shares surrendered to the company); F = payment of exercise price or tax liability (withholding). These were internal cash-settlements/withholdings on vested awards, which are routine and do not necessarily indicate a view on the company's stock price.