Greenwood Matthew A 4

What Happened
Matthew A. Greenwood, Chief Commercial Officer of ProFrac Holding Corp. (ACDC), had vested equity settled for cash on March 31, 2026. Two dispositions to the issuer sold 7,564 shares and 5,330 shares at $6.20 each (proceeds of $46,897 and $33,046, respectively, total ≈ $79,943). An additional 4,151 shares were disposed (reported at $0) to satisfy tax withholding obligations associated with vesting.

Key Details

• Transaction date(s): March 31, 2026
• Prices and proceeds: 7,564 shares @ $6.20 = $46,897; 5,330 shares @ $6.20 = $33,046; 4,151 shares disposed for tax withholding (reported $0)
• Total cash proceeds from the two sales: ≈ $79,943
• Shares owned after transaction: Not specified in the provided filing extract
• Footnotes:
  • F1: 4,151 RSUs from March 31, 2023 vested March 31, 2026 and were settled in cash.
  • F2: 5,330 performance-based shares (granted Mar 9, 2026) vested Mar 31, 2026 and were cash-settled.
  • F3: Aggregate disposals were settled in cash to satisfy withholding taxes on the March 31, 2026 vesting.
• Transaction codes: D = disposition to issuer; F = payment of tax liability/withholding
• Filing timeliness: Report filed 2026-04-01 for a 2026-03-31 transaction (appears timely under Form 4 rules)

Context
These were cash settlements of vested restricted and performance-based awards and related tax-withholding dispositions (cashless/issuer settlement), not open-market sales. Such transactions are routine compensation events and do not necessarily indicate the insider’s view of the company’s stock. Purchases (not present here) are typically more indicative of positive insider conviction.