ProFrac Holding Corp.·4

Apr 9, 7:34 PM ET

Harbour Austin 4

4 · ProFrac Holding Corp. · Filed Apr 9, 2026

Research Summary

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ProFrac (ACDC) CFO Harbour Austin Receives Award of 270,000 RSUs

What Happened

  • Harbour Austin, Chief Financial Officer of ProFrac Holding Corp. (ACDC), was granted 270,000 performance‑based restricted stock units (RSUs) on April 7, 2026. The grant price is $0.00 (no cash paid). These RSUs represent the contingent right to receive one share of Class A common stock per RSU if specified performance and employment conditions are later met.

Key Details

  • Transaction date: 2026-04-07; filing date: 2026-04-09 (timely).
  • Transaction type/code: Award/Grant (A); shares acquired: 270,000; acquisition price: $0.00.
  • Shares owned after transaction: Not disclosed in this Form 4.
  • Vesting conditions (from filing footnote): RSUs vest only after April 7, 2027 and only if VWAP thresholds are met: 10% at $7.00, 25% at $10.00, 25% at $14.00, 40% at $18.00 (VWAP = 30‑trading‑day average). The reporting person must also remain continuously employed and in good standing on each vesting date.

Context

  • These are performance‑based RSUs, not an immediate stock purchase or sale. They confer a contingent right to receive shares in the future if both stock‑price (VWAP) targets and continued employment requirements are satisfied. Because vesting is tied to future conditions, there is no immediate transfer of shares or cash proceeds to the insider.

Insider Transaction Report

Form 4
Period: 2026-04-07
Harbour Austin
Chief Financial Officer
Transactions
  • Award

    Class A Common Stock, par value $0.01

    [F1]
    2026-04-07+270,000370,123 total
Footnotes (1)
  • [F1]Reflects performance-based restricted stock units ("RSUs") granted under the ProFrac Holding Corp. 2022 Long Term Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock, par value $0.01 per share if certain performance criteria are met. Following April 7, 2027, the RSUs will vest as to the following percentages when the following stock price targets have been achieved: 10% of the RSUs, when the average of the daily volume-weighted average price per share of the Company's Class A common stock over the most recent 30 trading days (the "VWAP Threshold") equals or exceeds $7.00, 25% of the RSUs, when the VWAP Threshold equals or exceeds $10.00, 25% of the RSUs, when the VWAP Threshold equals or exceeds $14.00, and 40% of the RSUs, when the VWAP Threshold equals or exceeds $18.00. The Reporting Person must also remain continuously employed by and in good standing with the Company or an affiliate on each applicable vesting date.
Signature
/s/ Steven Scrogham, Attorney-in-Fact|2026-04-09

Documents

1 file
  • 4
    form4-04092026_110411.xmlPrimary