Harbour Austin 4

What Happened

• Harbour Austin, Chief Financial Officer of ProFrac Holding Corp. (ACDC), was issued 72,364 shares as a performance-share award on March 9, 2026. The shares were issued at $0.00 (no cash paid), reported value $0.
• This was an award/grant (Form 4 transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-09; Report filed: 2026-03-11 (no late filing indicated).
• Shares issued: 72,364; per-share price reported: $0.00; total reported acquisition value: $0.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: These shares were originally granted as performance share awards on March 28, 2025 and were contingent on performance metrics (EBITDA, free cash flow and other criteria) for the 2025 performance period. The Compensation Committee certified attainment, releasing the performance-vesting restrictions on 2026-03-09.
• Vesting schedule: the shares will vest equally on March 28, 2026, March 28, 2027 and March 28, 2028, subject to Austin’s continued service and good standing through each vesting date.

Context

• Performance-share awards are compensation tied to company performance and are different from open-market buys/sells; they do not necessarily indicate insider buying sentiment.
• Because these awards vest over time and depend on continued service, the economic benefit to the insider is realized gradually and may be reduced if the insider leaves before vesting dates.