Scrogham Steven 4
4 · ProFrac Holding Corp. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
ProFrac (ACDC) CLO Steven Scrogham Sells 37,087 Shares
What Happened
- Steven Scrogham, Chief Legal Officer, Chief Compliance Officer and Corporate Secretary of ProFrac Holding Corp. (ACDC), had multiple equity awards vest on March 27, 2026 and the filing shows cash-settled dispositions to the issuer. Four disposition entries total 37,087 shares sold at $6.63 per share, producing approximately $245,887 in proceeds: 5,366 @ $6.63 = $35,577; 11,462 @ $6.63 = $75,993; 12,429 @ $6.63 = $82,404; 7,830 @ $6.63 = $51,913. The filing also reports a separate tax/withholding entry for 11,938 shares (reported at $0) related to satisfying tax liabilities.
Key Details
- Transaction date: March 27, 2026; reported on Form 4 filed March 31, 2026 (timely within required filing window).
- Prices and values: Dispositions at $6.63 per share; total proceeds from the four D transactions ≈ $245,887.
- Additional withholding: 11,938 shares reported as Payment of exercise price or tax liability (F) at $0 — part of tax withholding/cash settlement.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: Transactions reflect cash settlement/withholding of vested restricted stock units and performance-based shares granted March 28, 2024; March 28, 2025; March 13, 2025; and March 9, 2026. Remaining portions of those grants vest on later dates subject to continued employment.
- Transaction codes: D = disposition to issuer; F = payment of exercise price or tax liability (i.e., withholding).
Context
- These were not open-market sales motivated by a trading decision but routine cash settlements/withholding tied to vesting of RSUs and performance shares — a common way companies satisfy withholding taxes. Such disposals generally reflect tax mechanics rather than a direct signal of the insider’s view of the stock.
Insider Transaction Report
Form 4
Scrogham Steven
CLO, CCO & Corp. Sec.
Transactions
- Disposition to Issuer
Class A common stock, par value $0.01 per share
[F1]2026-03-27$6.63/sh−5,366$35,577→ 126,855 total - Disposition to Issuer
Class A common stock, par value $0.01 per share
[F2]2026-03-27$6.63/sh−11,462$75,993→ 115,393 total - Disposition to Issuer
Class A common stock, par value $0.01 per share
[F3]2026-03-27$6.63/sh−12,429$82,404→ 102,964 total - Disposition to Issuer
Class A common stock, par value $0.01 per share
[F4]2026-03-27$6.63/sh−7,830$51,913→ 95,134 total - Tax Payment
Class A common stock, par value $0.01 per share
[F5]2026-03-27−11,938→ 83,196 total
Footnotes (5)
- [F1]Reflects the partial disposal of performance-based shares of Company common stock, granted on March 13, 2025 under the 2024 performance-based award, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 13, 2025 will vest March 26, 2027, subject to the reporting person's continued employment and good standing through the applicable vesting date.
- [F2]Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2024, which vested on March 27, 2026 and were settled with the reporting person in cash. The remaining shares granted on March 28, 2024 will vest March 26, 2027, subject to the reporting person's continued employment and good standing through the applicable vesting date.
- [F3]Reflects the partial disposal of restricted stock units granted to the reporting person on March 28, 2025, which vested on March 27, 2026 and were settled with the reporting person in cash. The remaining shares granted on March 28, 2025 will vest equally on March 26, 2027 and March 28, 2028, subject to the reporting person's continued employment and good standing through the applicable vesting date.
- [F4]Reflects the partial disposal of performance-based shares of Company common stock, granted on March 9, 2026 under the 2025 performance-based award, which vested on March 27, 2026, and were settled with the reporting person in cash. The remaining shares granted on March 9, 2026 will vest equally on March 26, 2027 and March 28, 2028, subject to the reporting person's continued employment and good standing through the applicable vesting date.
- [F5]Represents aggregate disposed shares, settled in cash, to satisfy withholding taxes applicable upon vesting of the March 28, 2024 and March 28, 2025 grants of restricted stock units, including performance-based restricted stock units, under the 2022 Long Term Incentive Plan. This disposal covers withholding taxes applicable for all shares which vested on March 27, 2026.
Signature
/s/ Steven Scrogham|2026-03-31